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by: xpoolPosted on: June 13, 2025

Gotbit Founder Sentenced For Crypto Wash Trading Scheme

Aleksei Andriunin, founder of Gotbit Consulting LLC, was recently sentenced to prison for orchestrating a wash trading scheme designed to inflate cryptocurrency trading volumes. This sentencing signifies an increase in regulatory action against market manipulation within the cryptocurrency sector, potentially leading to significant changes in digital asset trading practices.

Related posts:

  1. Gotbit Founder Faces Charges Over Alleged Wash Trading Scheme
  2. Ex-MOVE Co-Founder Accused of Wash Trading for Airdrop
  3. Wintermute Liquidates Bitcoin Ahead of Price Drop, Raises Market Manipulation Concerns
  4. Bybit Breach and Security Flaw Vulnerability Threaten Crypto Market Stability
Cryptocurrency Market Manipulation Wash Trading

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