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International Business Times

Business

Marvie Basilan

MYSTERIOUS: Prominent crypto security researcher flags gotbit yet again after 2 rug pull scams - You Need To See This

Crypto ZachXBT Zach Bybit

ZachXBT, a prominent figure in the blockchain and crypto security circle, has once again flagged Gotbit, a cryptocurrency market maker whose founder previously admitted that the business is "not entirely ethical." (Credit: Bybit/flickr.com)

KEY POINTS

$CP and $YE developers disappeared last week and their social media accounts have been deleted
ZachXBT said there may be no "bigger red flag" for projects than Gotbit partnerships
The crypto security researcher previously flagged Gotbit's "highly questionable services"

A well-known cryptocurrency security researcher has warned the crypto community of taking caution when looking into projects that chose crypto market maker Gotbit as their partner, noting how there were two rug pull incidents in projects under the hedge fund.

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