According to ChainCatcher, Neiro CTO co-leader "S" responded to crypto detective ZachXBT's question about why Neiro initially chose Gotbit, which has a very bad reputation, as a market maker.
"S" said that when Sun Yuchen's tweet asked him to list HTX, time was tight and there were only a few hours to find a market maker. Gotbit offered a stay agreement, which was the most affordable option and was seen as a quick solution for HTX listing. Although I have heard bad things about Gotbit, it is difficult to judge because almost everyone in the industry has negative rumors.
"S" admitted that he was fully responsible for the results and said that this experience was a huge learning opportunity and that he would improve the project by working with better market makers in the future.