News with the tag "Gotbit"

A Russian national who was charged for his role in a crypto market manipulation scheme will give up his access to millions worth of assets after striking a plea deal with US prosecutors. In November, the U.S. Justice Department filed charges against the crypto market maker Gotbit’s CEO and founder A...

Alex Andryunin, the founder of Gotbit, has signed a plea deal with Leah B. Foley, the U.S. Attorney for the District of Massachusetts, regarding wire fraud and crypto market manipulation charges. According to a court document , this deal requires Andryunin to give up around $23 million in USDT and U...

The founder of Gotbit, Aleksey Andryunin, reached a settlement with US authorities in exchange for forfeiting $23M in crypto assets. The former CEO of the market maker service faced up to 20 years for money laundering charges. Aleksey Andryunin, CEO and founder of the Gotbit market maker reached a s...

The cryptocurrency world is no stranger to volatility, but recent news involving market manipulation has sent ripples through the digital asset space. In a stunning turn of events, Aleksei Andriunin, the founder of cryptocurrency market maker Gotbit, has agreed to forfeit a staggering $23 million in...

Gotbit founder Aleksei Andriunin, currently facing crypto market manipulation and wire fraud, has reached a plea deal with the US federal prosecutors, agreeing to forfeit about $23 million in crypto. Prosecutors had initially stated that Andriunin could face a maximum sentence of 20 years in prison ...

Aleksei Andriunin appeared in federal court in Boston on Feb. 26 after arriving in the United States the day before. Andriunin, the founder and CEO of crypto market maker Gotbit is charged with wire fraud and conspiracy to commit market manipulation and wire fraud in connection with wash trading act...

In a stunning turn of events shaking the cryptocurrency world, Alex Andryunin, the CEO of prominent crypto market maker Gotbit, has been extradited to the United States. This dramatic move follows his prior arrest in Portugal, marking a significant escalation in the legal battle surrounding allegati...

The DOJ has indicted a Russian cryptocurrency CEO for allegedly orchestrating a vast wash trading scheme to inflate crypto market volumes, misleading investors and exchanges globally. An Empire of Fake Trades: DOJ Reveals Conspiracy Inside Crypto Markets The U.S. Department of Justice (DOJ) announce...

The U.S. Department of Justice (DOJ) is charging the founder and CEO of crypto firm Gotbit with wire fraud and conspiracy to commit market manipulation and wire fraud. In a new press release, the U.S. Attorney’s Office of the District of Massachusetts is alleging that 26-year-old Russian national Al...

Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time, TURBO is changing hands at $0.010 but is down nearly 20% f...