Rollbit has made dozens of private, undisclosed influencer deals to pump the price of their RLB token.

This is their owner, Lucky, offering an influencer $250,000 to promote RLB by making "organic" and undisclosed tweets. The funds are paid out when RLB hits the price target. You see Twitter posts from a broad range of accounts for countless months, shilling the RLB token as an "underpriced" investment.

Meanwhile, these accounts claim to not be affiliated with the website and are non-sponsored.

Except, as we know now, there are backdoor deals.

Funny to see how Rollbit said yesterday that the license was just being "annually reviewed" but today they admit that there are regulatory concerns about their derivatives products as I mentioned in my original thread.

It's like the lying can't stop Here's their staff saying that they never received an email from the license provider before finally admitting to it today.

Gainzy has dumped 45M of Rollbit's RLB coin (worth $3M at ATH) in the last 2 weeks while continuing to shill it as an "underpriced investment".

The sales occur just hours after his tweets promoting the coin, mixing the RLB through Rollbit's cold wallets to prevent detection. It is also highly likely that Gainzy's RLB purchases and sales are coordinated directly with the Rollbit team in an effort to pump and dump the coin, as all the SOL received from the sales are always instantly sent back to Rollbit's deposit wallet.

As expected, Rollbit continues to lie about the nature of their now missing license and why it disappeared from the website. Most notably, they claim that it is under a "renewal period" and will be back up soon, but it doesn't appear that they can keep their story straight. Just after my thread was released, their support mentioned that the issue "was a bug" and the devs were aware of the issue, and it would be added soon. Emphasis on the devs being aware of the issue (who would be familiar with the licensing process). No mention of a "renewal"

Rollbit has now hidden their crypto derivatives when users aren't logged in and only display it after logging in - they most likely received a cease and desist from regulators and are now playing with fire. Also, they removed their license from the site and now operate illegally. Here's an image of their footer as it is now. All references to the JAZ license (the Curacao license) have been scrubbed and the required shield icon is also gone. If you look at a site archive, you find that they had this, even until last week, and it was removed very recently.