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Gotbit founder extradited to the US to face market manipulation charges

  • Gotbit founder and CEO Aleksei Andriunin has been extradited to the US to face market manipulation charges.
  • Andriunin, a 26-year old Russian national, manipulated crypto markets on behalf of client cryptocurrency companies.
  • He was arrested in October 2024 in Portugal and now faces charges of wire fraud and market manipulation in the US.
  • If found guilty, he could face up to 20 years in prison for wire fraud and up to 5 years for conspiracy to commit market manipulation and wire fraud.

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