Blockchain Investigator Questions the Services of Gotbit
A well-known blockchain investigator has raised concerns about the services provided by Gotbit, a market maker in the cryptocurrency industry. The investigator claims that a leaked report from the firm reveals “highly questionable services.”
Background on Gotbit
Gotbit was co-founded in 2017 by Alex Andryunin and Iuliia Milianovich. According to their description, they offer a platform-based solution aimed at giving project founders control over the markets. However, in July 2019, Andryunin admitted that their business was not entirely ethical. They announced plans to wind down their market-making business due to challenges with customer identification processes.
Potential Ties with Well-Known Companies
Gotbit’s official website features a section listing several reputable crypto exchanges and venture firms as their friends. However, it is unclear if these companies have any connections to the Lisbon-based market maker.
Hot Take: Concerns Raised About Gotbit’s Services
A leaked report from Gotbit has prompted a blockchain investigator to question the nature of the firm’s services. With claims of “highly questionable services,” it raises concerns about the ethical practices within the cryptocurrency industry. While Gotbit’s official website showcases associations with well-known crypto exchanges and venture firms, it remains uncertain if there are any actual ties between these companies and the market maker. The investigation into Gotbit highlights the need for transparency and accountability within the industry to ensure ethical conduct and protect investors.
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