Even though they didn’t make bounty distribution yet, it's been a long time bounty ended. I know that they developed many things their smart chain converted Tezos to ERC-20 also token swap.
This potentially to be the next dead project for sure. I may wrong about this but i have heard the team was distributing the bounty but it's only very small amount of tokens to the hunters. CMIIW.
The pump that happened on bitforex is just a common pump and dump game. There's no volume on the bitforex and this is also a garbage exchange site.
If they are still running development and is not it the team still alive?