𝕂𝕖𝕪 𝔻𝕖𝕧𝕖𝕝𝕠𝕡𝕞𝕖𝕟𝕥𝕤 𝕊𝕦𝕣𝕣𝕠𝕦𝕟𝕕𝕚𝕟𝕘 $ℍ𝕄𝕊𝕋ℝ 𝕋𝕠𝕜𝕖𝕟 𝕒𝕟𝕕 𝔾𝕠𝕥𝕓𝕚𝕥 ℍ𝕖𝕕𝕘𝕖 𝔽𝕦𝕟𝕕

Arrest of Gotbit CEO:

Alexey Andryunin, CEO of Gotbit Hedge Fund, was arrested in Portugal.

He is awaiting extradition to the U.S. on cryptocurrency fraud charges.

Allegations Against Andryunin:

Accused of market manipulation through “wash trading,” which falsely inflates trading volumes.

Gotbit served as a market maker for the Hamster Kombat token ($HMSTR).

Impact on $HMSTR Token:

Price volatility and reputational damage following news of Andryunin’s arrest.

No additional arrests related to the $HMSTR project have been reported at this time.

FBI Investigation:

Part of a broader FBI operation targeting fraudulent crypto firms.

Charges carry potential sentences of up to 25 years for those involved.

Advisory for Stakeholders:

Investors should remain vigilant as the investigation unfolds, given the potential legal and financial fallout.

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