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Analysis: Gotbit has claimed that selling WATER is to bring the price down to a fair level, however, the selling volume is far beyond the Overbought entry volume.
Odaily Planet Daily News According to Lookonchain monitoring, the SEC, FBI, and Department of Justice in the United States have sued Gotbit and other encryption companies for alleged fraud and market manipulation. Gotbit previously claimed that they sold WATER to drop the price to a fair level, however, they sold a lot more Tokens than they bought.