Bubblemaps Denies Allegation of $45,000 Monthly Advisory Agreement

TechFlow reported on November 4 that, in a response by Bubblemaps, a user claiming to be a former employee alleged that the company had a $45,000 monthly advisory agreement with Proxima, while Bubblemaps said the contract in question was forged.

The user claimed that Proxima had been paying advisory fees to Bubblemaps since April 2025, related to wallet clustering and transaction bundling visibility. In its response, Bubblemaps said the CEO email listed in the document was not its email, the headquarters address corresponding to the contract date was also incorrect, and denied that the accuser had ever worked at the company.

Source: TechFlow