DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

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 […]

The post DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme appeared first on CryptoSlate.

Go here to Read this Fast! DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

Originally appeared here:
DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme