TechFlow reports that on October 16, cryptocurrency market maker Gotbit officially confirmed on social platform X that its CEO, Alex Andryunin, has been arrested in Portugal. Gotbit stated it will fully cooperate with the investigation to prove the innocence of both the company and its CEO.
The company's statement read: "Our CEO, Alex Andryunin, has been arrested in Portugal. At this time, we do not have further details, but please rest assured that your account with Gotbit remains secure. Our goal is to prove the innocence of both the company and CEO Alex Andryunin. We are prepared to fully cooperate with the authorities, provide all necessary documents to support the investigation, and swiftly resolve this misunderstanding."
Previous report: The U.S. Department of Justice accused meme coin market maker Gotbit and other firms of manipulating the crypto market.
