An X user, jujudog69, who claimed to be a former employee of on-chain visualization platform Bubblemaps, accused the company of signing a secret agreement with Proxima, a tool platform described in the report as helping bundled buyers avoid detection. The user alleged that starting in April 2025, Proxima paid Bubblemaps $45,000 per month in exchange for consulting support, including access to clustering algorithm parameters, and posted what was described as contract evidence.
Bubblemaps denied the allegation and said the document was a fabricated AI-generated file. The company said the publisher was not a former employee and was instead promoting a competing product. It also said the CEO email shown in the document was fake. In addition, Bubblemaps argued that the contract was dated April 2025, but listed a headquarters address that the team only moved into later, which it said did not match public legal registration records. Bubblemaps added that its team is small and that it knows the identity of all former employees, while calling on the industry to stay alert to what it described as malicious smears by competitors.
ChainCatcher reported that an X user, jujudog69, claiming to be a former employee of on-chain visualization platform Bubblemaps, accused the company of signing a secret agreement with Proxima, a tool platform described as helping bundled buyers avoid detection.
The user said that starting in April 2025, Proxima paid Bubblemaps $45,000 a month for consulting support, including clustering algorithm parameters, and attached what was presented as contract evidence.
Bubblemaps denied the accusation and said the document was a fabricated AI-generated file. The company said the publisher was not a former employee and was promoting a competing product. It also said the CEO email listed in the file was fake. Bubblemaps added that the contract was marked April 2025, but used a headquarters address that the team only moved into later, which it said did not match public legal registration records.
Bubblemaps also said its team is small and that it knows the identity of all former employees. The company called on the industry to remain alert to what it described as malicious smears by competitors.
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