DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

CAT November 1, 2024 1 min read

Assad Jafri

The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national residing in Portugal, allegedly orchestrated a scheme to artificially inflate trading volumes for client crypto companies, including several based in the US. He […]

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DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

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