🚨 $HMSTR Token Alert: Gotbit CEO Arrested! 🚨
Major news just dropped in the world of $HMSTR token! 🐹 Alexey Andryunin, CEO of Gotbit, was arrested in Portugal at the FBI's request and is now awaiting extradition to the U.S. So, why does this matter for $HMSTR holders?
Gotbit was the market maker for the Hamster Kombat ($HMSTR) token, responsible for maintaining liquidity and stabilizing the token’s price. But with Alexey’s arrest, questions have surfaced about how this role was handled, leading to a noticeable dip in the token’s price right after the news hit.
💼 The FBI has been investigating Gotbit and other crypto firms like ZM Quant and CLS Global, accusing them of wash trading—a form of market manipulation that falsely inflates trade volumes. This investigation led to the arrest of four individuals and the seizure of over $25 million in crypto assets.
In a clever sting, the FBI even launched its own crypto project, NexFundAI, to expose shady market makers. Their undercover operation revealed how certain firms were inflating volumes and using bots to make tokens look more popular than they really were. 😳
If these charges stick, those involved could face serious jail time—up to 20 years! 😱
The Impact? The token saw a dip in its price after the news, but the exact percentage is still being debated. With this legal storm brewing, the token’s value has been fluctuating in recent days, showing the potential aftermath of these developments.
This case is still unfolding, so keep an eye on HMSTR and how this might shape its future. Stay tuned!
