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Decrypt • Jun 13, 2025

Gotbit Got Got: Founder Sentenced to Prison for Crypto Wash Trading

The case resulted in the forfeiture of $23 million in digital assets and imprisonment for the founder, highlighting serious financial consequences related to deceptive trading prac...

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Crypto News • Jun 13, 2025

Gotbit founder sentenced to 8 months for crypto wash trading scam

Aleksei Andriunin received an eight-month prison term for orchestrating a scheme that artificially boosted cryptocurrency trading volumes, impacting market integrity and involving...

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The Block • Jun 13, 2025

Gotbit founder Aleksei Andriunin sentenced to 8 months following wash trading scheme

The sentencing of Aleksei Andriunin could impact investor confidence and regulatory scrutiny within the cryptocurrency sector, potentially influencing market activities and financi...

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