Into Space Raises $20M in Presale, Faces Community Scrutiny Over Refunds

2026-01-22 14:15

Into Space has announced a successful presale, raising over $20 million, with $7.3 million refunded to the community. However, community members have raised concerns after tracking revealed that some refund recipients were new addresses, sparking suspicions of internal refunds. Analyst Gautamgg highlighted that Into Space is the successor to UFO Gaming, whose token has plummeted by 99%, and noted that Into Space currently lacks any launched products. Despite these issues, the project appeared in Binance Research's latest quarterly report, attracting some users to its public sale.

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