Headline: Bubblemaps rejects alleged secret $45K/month Proxima deal as forgery — rival issues pre-suit notice Blockchain analytics firm Bubblemaps has forcefully denied claims that it signed a secret consulting agreement with trader-tools provider Proxima worth $45,000 per month plus $1,800/hour fees — calling the contract a forgery and accusing a rival-backed account of running a smear campaign. How the dispute erupted - On Nov. 3 an X account identifying itself as a former Bubblemaps employee (JuJudog) posted what it said was an April 11, 2025 agreement in which Proxima would pay Bubblemaps for private evaluations of wallet clustering settings, transaction bundles and methods to identify linked trading accounts. The poster said they left the company after discovering the alleged deal and raised conflict-of-interest concerns, since Bubblemaps’ public tooling flags potentially coordinated token trading. Bubblemaps’ rebuttal - The company called the document “a pitiful attempt at forgery,” pointing to clear discrepancies: the CEO email on the contract isn’t theirs, the headquarters address listed is inconsistent with official records for the contract date, and the poster’s claim to be a former employee was rejected — Bubblemaps says its small team knows past staff and does not recognize the account. The company also accused JuJudog of promoting a competing analytics service. Timing and address discrepancy - Public French business records show Bubblemaps was registered at 7 Rue Pablo Neruda, Levallois-Perret at the time the contract supposedly took effect; the registration changed to 9 Rue des Colonnes, Paris on June 20, 2025 — more than two months after the April 11 date in the alleged contract. That mismatch was noted by readers who added a Community Note on X questioning the document’s authenticity. Rival’s legal step and competing analysis - Competing platform Trap Map publicly announced it had privately served Bubblemaps and CEO Nicolas Vaiman with formal pre-suit notice of a proposed class action tied to the alleged Proxima agreement, giving the company 14 days to respond (setting a Nov. 16 deadline). Trap Map encouraged traders who believe they lost money to register potential claims. The public notice, however, does not appear to reflect any filed court action, and no court documents were identified in reports. - JuJudog and Trap Map also highlighted a comparative analysis of the GATO token, claiming Trap Map flagged linked wallet groups and developer concentration that Bubblemaps had not. Those comparisons were presented by the competitor and have not been independently verified against a common methodology. Community and investigator reaction - Other blockchain investigators rallied behind Bubblemaps’ denial. Bubblemaps lead detective “Deebs DeFi” publicly criticized the disputed document’s terminology and the poster’s technical knowledge, calling the forgery clumsy and accusing the account of promoting a competitor. Another investigator, dethective, alleged the same account had previously used a similar tactic — sharing another purported leaked contract during an unrelated promotion — and urged better reputation tracking across crypto communities. Context and current status - Bubblemaps has previously published analyses of suspected coordinated wallet activity, including an October probe of alleged linked wallets benefiting a Pump.fun influencer and other cluster investigations. The company has not publicly confirmed receipt of Trap Map’s purported legal notice, and as of available reports there is no court filing or legal determination that Bubblemaps engaged in wrongdoing. This story remains fluid: the allegations raise questions about conflicts of interest in analytics services and about tactics used in competitive disputes. We’ll update as more verifiable documents or court filings emerge. Read more AI-generated news on: https://app.chaingpt.org/news