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SEC, FBI, and DOJ team up to sue Gotbit and other crypto firms for alleged fraud and market manipulation

SEC, FBI, and DOJ team up to sue Gotbit and other crypto firms for alleged fraud and market manipulation

CointimeCointime2024/10/10 02:27
By:Cointime

According to Lookonchain monitoring, the US SEC, FBI, and Department of Justice have sued Gotbit and other cryptocurrency companies for alleged fraud and market manipulation. Gotbit previously claimed that they were selling WATER to lower the price to a fair level, but they sold far more tokens than they bought.

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