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Gotbit Founder Sentenced to Prison for Crypto Market Manipulation

June 14, 2025Trix RavenCryptoCrypto, Gotbit

Prison Term Handed Down for Wash Trading Scheme Aleksei Andriunin, the 26-year-old founder of crypto firm Gotbit, has been sentenced to eight months in prison for orchestrating a multi-year market manipulation operation. The sentencing follows Andriunin’s guilty plea in March 2025, after he was arrested in Portugal and extradited to the United States to face…

Gotbit Founder Sentenced to Prison for Crypto Market Manipulation

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