The Hamster Combat project team denies any association with Gotbit Consulting amid rumors of the CEO's arrest.
Hamster Combat is a Telegram-based game where users earn token rewards.
Although the team denies the association, crypto enthusiasts are skeptical and believe the team is issuing false statements.
Rumors of the CEO's arrest began after U.S. federal prosecutors filed market manipulation and fraud charges against Gotbit Consulting and other market makers.