Do you consider Iron finance to be a hack or rug pull? Personally I don’t think so. In my opinion it was just a bad joke of the rules of the market. Development team just didn’t predict there would be such a big panic, so they didn’t provide tools on how to increase the price of Iron in case of panic.
Personally I also invested in this project, but I managed to withdraw all my money and sold Titan, when falling just started and Titan was 50$.
I'm not quite sure to be honest, but it did look strange. The last few days before it crashed, it had achieved a lot of publicity, and a huge TVL. Maybe it advanced way too quickly, and they didn't expect it? I'm not sure. I had also invested $3.000 in their Iron-Busd vault, fortunately, I was in BSC and didn't suffer any losses.
From what I've seen, they've relaunched their platform.