The Bedrock (BR) token suffered a precipitous decline exceeding 50% in value following the abrupt withdrawal of approximately $50 million in liquidity from Binance Alpha. This massive capital movement occurred within a mere 100-second window, executed by 26 distinct wallet… Read More »Bedrock Token Crashes Over 50% After $50 Million Liquidity Exodus on Binance Alpha
Aleksei Andriunin, founder of crypto consultancy Gotbit, has been sentenced to eight months in prison followed by five years of probation for orchestrating fraudulent schemes involving meme coins. Andriunin pled guilty to charges of fraud and market manipulation after using… Read More »Gotbit Founder Sentenced for Meme Coin Market Manipulation, Forfeits $24 Million
Gotbit CEO Aleksei Andriunin has received an 8-month prison sentence followed by one year of supervised release after pleading guilty to orchestrating crypto market manipulation activities. Andriunin and his team utilized sophisticated coding techniques between 2018 and 2024 to artificially… Read More »Gotbit CEO Sentenced to Prison for Crypto Market Manipulation Scheme