According to BlockBeats, on October 16, Gotbit announced via social media that its CEO, Alex Andryunin, has been arrested in Portugal. At this time, no further details have been provided, but the company assures that user accounts with Gotbit remain secure.

Gotbit's current objective is to prove the innocence of both the company and its CEO, Alex Andryunin. The company has expressed its readiness to fully cooperate with authorities, providing all necessary documentation to support the investigation and swiftly resolve the misunderstanding.