Amid Hamster Combat CEO Arrest Rumors, Team Denies Association With Gotbit Consulting

Amid Hamster Combat CEO Arrest Rumors, Team Denies Association With Gotbit Consulting

The Hamster Combat project team has denied any association with Gotbit Consulting, but the crypto community remains sceptical of this official statement.

Hamster Combat is a popular Telegram-based game, which has gained traction in the last three months as users participate to earn token rewards for completing tasks.

On October 12, 2024, the Hamster Combat team clarified that they have no association with Gotbit Consulting, stating that they never worked with them.

However, while many new users might be unaware of the situation, seasoned crypto enthusiasts believe the Hamster team is issuing false statements to protect the project’s reputation from being linked to unethical practices.

Several Crypto X users pointed out that in April, Gotbit announced it had begun working with the Hamster project.

If this information were false, why didn’t the Hamster team object at the time? This raises questions among users.

Manipulation, Investigation, & Arrest

Recently, rumours have circulated among the Crypto X community regarding Hamster Combat’s CEO facing criminal charges. So far, no official statements have been made by any enforcement agencies or the Hamster project team regarding the arrest, making it premature to confirm anything.

These rumours started on October 10, following an official announcement by U.S. federal prosecutors. On October 9, U.S. authorities filed market manipulation and fraud charges against four crypto “market makers” and their employees, including Gotbit Consulting, ZM Quant Investment, and CLS Global. The SEC and FBI are also involved in the investigation.

Gotbit, the market maker behind tokens like Bonk and Neiro, has been accused by the DOJ of inflating token prices and misleading buyers. The company allegedly worked with exchanges to lower fees, boosting profits. Gotbit’s CEO, Aleksei Andriunin, has been arrested in Portugal. Gotbit has collaborated with brands such as Hamster Kombat and Robo Inu.

Read also: Indian Crypto Exchange WazirX to Present Restructure Plan in November, Faces Opposition from Customers

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