🚨 $23M Crypto Scam BUSTED! Fake Trading Empire Crumbles as Founder Pleads Guilty
The DOJ just dropped the hammer on Gotbit’s founder, who admitted to orchestrating a massive crypto pump-and-dump scheme. 🤯 Using fake bots and wash trades, they manipulated token prices—then took it further with custom-built spoofing software to fake demand and lure unsuspecting investors. 💻📉
💰 Millions frozen (USDT & USDC seized), and this wasn’t some small-time operation—it spanned from Russia 🇷🇺 to Portugal 🇵🇹 to Boston, proving crypto scams have no borders.
🔍 Bigger Picture: This isn’t just about one bust. It’s a clear warning to shady market makers—regulators are watching 👀, and the crackdown is global.
#CryptoCleansing? 🧼💎 Is this the start of crypto’s long-overdue reckoning with fraud? #CryptoRegulation #DOJCrackdown #PumpAndDump #GotbitScam #CryptoJustice