The issue is that event_note in events_helper.rb is specifying a project that is being ignored by markdown, which is using a non-existent @project. Sent a MR: !1353 (merged)
It's gotta be something with the first_line_in_markdown and/or truncate_visible helper. Notice that when the links don't work there's the ellipsis at the end, and when they do work there's not.
@rspeicher It's a bug in truncate_if_block that only occurs under two conditions: there are multiple lines in the comment, and the first line isn't truncated. On this line, the entire paragraph block is scanned, and all formatting inside the first line is removed as a result.