Tag: Crypto Fraud

Gotbit Founder Aleksei Andriunin Extradited to U.S. in Crypto Fraud Case

Gotbit Founder Aleksei Andriunin Extradited to U.S. in Crypto Fraud Case

Russian National Faces 25-Year Prison Sentence for Market Manipulation Scheme. Aleksei Andriunin, the 26-year-old founder of crypto firm Gotbit, arrived in Boston on February 25, 2025, following extradition from Portugal. U.S. authorities charged him with wire fraud and conspiracy to manipulate cryptocurrency markets. Federal prosecutors allege Andriunin orchestrated a six-year scheme involving “wash trading” to inflate token values for clients.…

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