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Shocking: Gotbit Founder Jailed for Crypto Wash Trading

Big news shaking the crypto world: A significant sentence has been handed down in a case involving multi-million dollar crypto wash trading. This development shines a spotlight on market manipulation practices and the increasing scrutiny they face from regulators. What Exactly is Crypto Wash Trading? If you’re new to this term, crypto wash trading is […]

Blockchain News

Shocking Crypto Market Manipulation Scandal: Gotbit Founder Forfeits $23M in Dramatic Plea Deal

In a stunning turn of events shaking the cryptocurrency world, Aleksei Andriunin, the founder of crypto market maker Gotbit, has agreed to forfeit a staggering $23 million in cryptocurrencies. This dramatic plea deal with U.S. authorities comes after Andriunin faced serious charges of wire fraud and crypto market manipulation. Arrested in Portugal and extradited to […]