Gotbit Collapse | Crypto

Gotbit founder Aleksei Andriunin has received an eight-month U.S. sentence after pleading guilty to wire fraud and wash-trading market manipulation. The court has put the firm on five years’ probation, ordered it to close, and seized about $23 million in crypto. The post Gotbit Collapse: $23M Wash-Trading Scheme Nets CEO Prison, SEC Civil Suit Imminent appeared first on Cryptonews.