Gotbit Founder Extradicted for Fraud
This is a Boston news story, published by CoinGape, that relates primarily to Aleksei Andriunin news.
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Business & Economics
Just In: Gotbit Founder Extradited to US Over Crypto Market Manipulation Fraud

62% Informative
Aleksei Andriunin , the Gotbit Founder , appeared in a Boston court following his extradition from Portugal .
He faces charges of wire fraud and conspiracy to commit market manipulation and wire fraud.
Prosecutors allege he led a scheme that manipulated cryptocurrency markets and generated millions in fraudulent proceeds.
Gotbit allegedly engaged in wash trading’ which involves artificially inflating trading volume to make digital tokens appear more valuable.
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