Big news in the world of cryptocurrency! A company called Gotbit and its founder were caught cheating. They tricked people into thinking their cryptocurrency was more popular than it was.
They did this by pretending lots of people were buying and selling, when they weren't. This is called market manipulation – it's like cheating in a game to win!
The founder might go to jail for a long time!
- Gotbit used fake trades to make their crypto look more popular.
- They made millions of dollars doing this.
- The founder was arrested and might go to jail for many years.
| Fact | Number |
|---|---|
| Possible jail time for founder | Up to 20 years |
| Fake trading volume | Over $1 million daily |
| Gotbit's revenue from cheating | Tens of millions of dollars |
