โผ๏ธ BREAKING NEWS: Gotbit CEO Alexey Andryunin has been arrested in Portugal at the FBIโs request, and now faces extradition to the U.S. following shocking allegations of widespread crypto fraud involving Gotbit Hedge Fund, the market maker for Hamster Kombat (HMSTR) token.
๐น Impact on HMSTR Token:
Yesterday, HMSTR token saw a sharp -11% drop as news of the arrest sent shockwaves through the market. Investors are on high alert.
๐ The Charges:
The U.S. has filed charges against 3 companies and 15 individuals involved in a massive crypto fraud scheme. The crackdown includes:
โข 4 arrests
โข 5 plea deals
โข $25 million in crypto seized! ๐ฐ
๐ FBIโs Sting Operation:
In a bold move, the FBI created a token called NexFundAI on the Ethereum blockchain, approaching market makers (MMs) in undercover calls. MMs revealed their shady tacticsโmanipulating volumes and creating fake addresses to inflate token growth.
๐จ Key Findings:
The FBI identified these practices as:
โข Wash trading
โข Fake transactions
โข Market manipulation
โข Artificial volume inflation
These serious crimes could land those involved in prison for up to 20 years. ๐ณ
๐ฅ Conclusion:
This massive fraud bust is shaking the entire crypto industry, especially HMSTR investors. If youโre trading or holding HMSTR, stay informed and be cautious as the fallout continues.
๐ก Stay sharp, stay safe โ always trade with trust!
#Binancepen_spark #CryptoScamAlert #Gotbit #hmstr_kombat #Write2Earn!