Cryptonews.com
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21:57 Jun 13, 2025
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.