Hamster Kombat Clarifies Gotbit Ties Amid Market Manipulation Concerns

• Hamster Kombat has denied its partnership with Gotbit.
• The move came days after the U.S. DOJ slapped Gotbit with criminal charges.
• Gotbit claimed in April that it had a business tie-up with Hamster Kombat.

Hamster Kombat , the Telegram-based clicker game, has distanced itself from Gotbit just days after the U.S. Department of Justice (DOJ) hit the meme coin “market maker” with criminal charges for manipulation and wash trading.

Initially flagged by blockchain detective ZachXBT for its “highly questionable services,” Gotbit billed itself as a hedge fund offering a market development strategy for early-stage tokens in the meme coin landscape. The company announced its partnership with the Hamster Kombat team on April 8 and declared itself the project’s “official advisor” on Web3.

Hamster Kombat Denies Gotbit Partnership

Hamster Kombat recently took to X (Twitter) to deny its involvement with Gotbit.

“We are committed to ensuring transparency within the Hamster Ecosystem,” the post read. “In light of recent news regarding Gotbit, we want to clarify that Hamster Kombat has never worked with Gotbit as a market maker .”

Some users reacted skeptically to the statement’s denials, with one reminding the Hamster Kombat team that Gotbit had already confirmed their partnership on Telegram. The team didn’t address this claim or clarify the nature of its alleged business tie-up with Gotbit.

Hamster Kombat’s move followed the meme coin project Neiro’s announcement on October 11 that it had terminated its partnership with Gotbit, which it said was the “right decision” for its community in light of the market maker’s legal woes.

Neiro asserted its CTO lead would provide his funds for market-making while the project sought a new market maker.

Meanwhile, Hamster Kombat’s token, HMSTR, was down 57.68% since its launch to exchange hands at $0.004129 at the time of writing, CoinMarketCap data shows.

Read why Hamster Kombat banned 2.3 million players:
Hamster Kombat Bans 2.3M Players as HMSTR Drop Riles Fanbase

Stay updated on how Hamster Kombat’s craze recently irked regulators:
TON’s Hamster Kombat Craze Raises Global Authority Concerns