Aleksei Andriunin, founder of Russian crypto market-making firm Gotbit, avoided further U.S. prison time after being sentenced to eight months—already served in Portugal before extradition. He pleaded guilty to wire fraud and market manipulation conspiracy, admitting Gotbit used wash trading from 2018 to 2024 to inflate crypto token volumes and secure exchange listings. The firm was ordered to forfeit $23 million in cryptocurrency profits. U.S. authorities noted the scheme misled investors and distorted market integrity. Andriunin, 26, will now be deported. The case highlights growing international enforcement efforts against deceptive practices in cryptocurrency markets and fraudulent token promotion schemes.
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Mkt Cap $2.30T
BTC Dom 56.76 %
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$65,004.00
▲ +1.10%
ETH
$1,917.14
▲ +0.90%
USDT
$0.999506
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BNB
$592.99
▲ +0.00%
USDC
$0.999711
▲ +0.00%
XRP
$1.04
▲ +0.90%
SOL
$74.64
▲ +3.10%
TRX
$0.327386
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.38
▼ -2.20%
DOGE
$0.070147
▲ +1.60%
USDS
$0.999883
▲ +0.00%
RAIN
$0.012704
▲ +1.20%
LEO
$9.71
▼ -0.20%
ZEC
$509.22
▲ +1.10%
ADA
$0.201117
▲ +0.80%
XMR
$380.75
▲ +3.30%
WBT
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▲ +1.00%
LINK
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XLM
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DAI
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BCH
$216.79
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USD1
$0.999973
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USDE
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▲ +0.00%
GRAM
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BTC
$65,004.00
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ETH
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USDT
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BNB
$592.99
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USDC
$0.999711
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XRP
$1.04
▲ +0.90%
SOL
$74.64
▲ +3.10%
TRX
$0.327386
▲ +0.20%
FIGR_HELOC
$1.02
▼ -1.20%
HYPE
$54.38
▼ -2.20%
DOGE
$0.070147
▲ +1.60%
USDS
$0.999883
▲ +0.00%
RAIN
$0.012704
▲ +1.20%
LEO
$9.71
▼ -0.20%
ZEC
$509.22
▲ +1.10%
ADA
$0.201117
▲ +0.80%
XMR
$380.75
▲ +3.30%
WBT
$56.22
▲ +1.00%
LINK
$8.27
▲ +1.00%
XLM
$0.163239
▲ +1.40%
DAI
$0.999855
▲ +0.00%
BCH
$216.79
▲ +1.60%
USD1
$0.999973
▲ +0.00%
USDE
$0.999682
▲ +0.00%
GRAM
$1.36
▼ -0.30%
Mkt Cap $2.30T
BTC Dom 56.76 %
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$65,004.00
▲ +1.10%
ETH
$1,917.14
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USDT
$0.999506
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BNB
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USDC
$0.999711
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XRP
$1.04
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SOL
$74.64
▲ +3.10%
TRX
$0.327386
▲ +0.20%
FIGR_HELOC
$1.02
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HYPE
$54.38
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DOGE
$0.070147
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USDS
$0.999883
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RAIN
$0.012704
▲ +1.20%
LEO
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ZEC
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ADA
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XMR
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▲ +3.30%
WBT
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LINK
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XLM
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DAI
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BCH
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USD1
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USDE
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GRAM
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