Gotbit officially confirmed that its CEO had been arrested in Portugal and said it would "fully cooperate with the investigation to resolve the misunderstanding"

According to BlockBeats, on October 16, Gotbit officially posted on social media that the company's CEO Alex Andryunin has been arrested in Portugal. There are no more details at the moment, and users' accounts on Gotbit are safe.

Gotbit's current goal is to prove the innocence of the company and its CEO Alex Andryunin. Gotbit is ready to fully cooperate with the authorities, provide all necessary documents to support the investigation, and quickly resolve this misunderstanding.