In response to crypto detective ZachXBT questioning why Neiro initially chose Gotbit, which has a very bad reputation, as a market maker, Neiro CTO co-head "S" responded that when Justin Sun's Twitter asked him to list HTX, he actually only had a few hours to find one, and time was tight. Gotbit was chosen because the market maker offered a stay agreement at the time, which was the most affordable option so far. Second, the project saw it as a quick solution for HTX listing (the agreement with Gotbit was for 3 months), and then planned to explore other options when the budget was larger. Third, it lacked experience in judging the industry. Although it had heard all kinds of bad things about Gotbit, it had also heard all kinds of bad things about almost everyone in the industry, so it was difficult to make a judgment.

“S” also said: “I had no direct contact with Gotbit before, so I chose to trust them and give them a chance. Gotbit also advertised itself as a “meme coin friendly” market maker, which seemed to be an attractive proposition.”

"S" concluded: "But ultimately, I take full responsibility for this and I should have been more careful. I am deeply saddened by this outcome and have paid a huge price for it. At the same time, this has also been a huge learning opportunity for us, and it has forced us to fundamentally improve the project by working with better and more market makers to reduce counterparty risk and upgrade the markets where Neiro trades." #BTC