šØ $23M Crypto Scam BUSTED! Fake Trading Empire Crumbles as Founder Pleads Guilty
The DOJ just dropped the hammer on Gotbitās founder, who admitted to orchestrating a massive crypto pump-and-dump scheme. 𤯠Using fake bots and wash trades, they manipulated token pricesāthen took it further with custom-built spoofing software to fake demand and lure unsuspecting investors. š»š
š° Millions frozen (USDT & USDC seized), and this wasnāt some small-time operationāit spanned from Russia š·šŗ to Portugal šµš¹ to Boston, proving crypto scams have no borders.
š Bigger Picture: This isnāt just about one bust. Itās a clear warning to shady market makersāregulators are watching š, and the crackdown is global.
#CryptoCleansing? š§¼š Is this the start of cryptoās long-overdue reckoning with fraud?
#CryptoRegulation #DOJCrackdown #PumpAndDump #GotbitScam #CryptoJustice $BTC $ETH $XRP