Gotbit CEO Aleksei Andriunin Sentenced for Crypto Market Manipulation

Published at 2025-06-12 23:04:33

Aleksei Andriunin, the founder and CEO of Gotbit, a Russian cryptocurrency market maker, was sentenced to eight months in U.S. prison following charges of market manipulation and wire fraud. This sentencing is part of a crackdown on crypto market fraud under the FBI's "Operation Token Mirrors." Having served his prison term, Andriunin now faces deportation. Additionally, Gotbit was ordered to forfeit $23 million in cryptocurrency tied to the fraudulent activities.

This case highlights increased regulatory scrutiny and enforcement against fraudulent activities within the cryptocurrency market. For crypto investors seeking safer and more transparent ways to buy cryptocurrencies, platforms like Bitlet.app offer innovative solutions. Bitlet.app's Crypto Installment service enables users to purchase cryptocurrencies now and pay monthly installments, reducing upfront financial pressure and promoting responsible investing.

Stay informed and cautious in the evolving crypto landscape, and consider leveraging trustworthy platforms such as Bitlet.app for your crypto investments.

Crypto NewsCryptocurrencyMarket ManipulationGotbitOperation Token MirrorsFBI
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