A Paradex user, Systemic Strategies, has reported a loss of $218,922 after their account was locked and positions liquidated due to a pricing error in options trading. The user had identified an issue with extremely low implied volatility and attempted to report it through a bug bounty program and email. Despite these efforts, unrealized profits were not withdrawable, and the market maker did not adjust the price, prompting continued trading. Paradex later acknowledged the error but accused the user of violating trading rules, labeling them an 'attacker' and denying compensation.