Key Notes Gotbit Founder Aleksei Andriunin has admitted to conducting wash trading for clients. According to the plea deal’s terms, he will likely spend 24 months in jail. US authorities have recently prosecuted several high-profile crypto fraud cases. Aleksei Andriunin, founder of crypto firm Gotbit, has pleaded guilty to crypto fraud charges. US prosecutors had […]
Gotbit Founder Pleads Guilty to Crypto Fraud Charges Read More »
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Russian national and Gotbit founder, Alex Andryunin, has entered into a plea agreement with US prosecutors in connection to charges of wire fraud and cryptocurrency market manipulation. The agreement, signed with the US Attorney for the District of Massachusetts, requires Andryunin to
Gotbit Founder Pleads Guilty—$23M in Crypto Forfeited in US Fraud Crackdown Read More »
Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto. Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison for wire fraud charges and up to five years
Russian Gotbit Founder Strikes Plea Deal in Crypto Market Manipulation Case Read More »
