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Bitcoin.com News|Feb 27, 2025 06:33
🇺🇸 A 26-year-old Russian 🇷🇺, Aleksei Andriunin, founder of Gotbit exchange, extradited to the U.S.! He faces charges of market manipulation. 📉
Arrested in Portugal 🇵🇹, he's accused of 'wash trading' to inflate crypto volumes on CoinMarketCap. Millions allegedly made!
Indicted in Boston, he faces wire fraud & conspiracy charges. ⚖️ 20 years max for wire fraud, 5 years for conspiracy! 🔒 Directors also charged.
U.S. officials say he admitted to writing code for the scheme. Millions transferred to his personal Binance account!
What do you think? Will this send a message to the crypto market? Share your thoughts below.
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