Gotbit Founder Pleads Guilty to Crypto Fraud Charges

Main notes

• The founder of Gotbit Alexei Andionin admitted that the laundry trade is to customers.
• According to the terms of the guilt, it is possible that he will spend 24 months in prison.
• The American authorities recently sued many prominent encryption cases.

Alexei Andionin, founder of Chefir Gottbit, acknowledged that he was guilty of coding charges. American prosecutors accused the 26 -year -old of manipulating the prices of the encryption code to pay customers.

According to Silicon update updateThe accusations against Andionin carry a 25 -year -old penalty. However, with a recent call agreement with American prosecutors, he is likely to carry himself for up to two years in prison.

The American authorities revealed on Friday that the founder of Gotbit acknowledged that he was guilty of a single conspiracy charge to commit manipulation of the market and two charges of fraud in wires. His confession is part of a deal with the American authorities to receive more than two years in prison. Underonin also agreed to pay nearly 23 million dollars (17.8 million pounds) in Crypto fines.

Legal accusations and updates

In their indictment last October, the US government prosecutors accused Gotbit of providing market manipulation services with customers who are paying. They claim that the encryption company used washing trading techniques to enhance the size and price of the distinctive customers artificially. The prosecutors added that the company aims to list and trade coins to exchange the largest encryption.

The indictment highlighted the 2019 interview published on the Internet, as Anderonin shared details about the scheme. The 20 -year -old at Moscow State University detailed how to use robot trading to create enough project artificial trade to obtain a narration on CoinmarketCap.

Officials arrested the 26 -year -old Russian citizen on October 8 at his residence in Portugal. He was later delivered to the United States on February 25, 2025, after legal procedures. He has now admitted that he is guilty of charges related to encryption operations. The judgment is scheduled to be issued on June 16.

Meanwhile, Saitama and ENO, two Chefran companies, are allegedly facing Gottit, also facing fees. Qawi Jalili and Fedor Kedrov, both of them are also charged. They were accused of explaining the laundry trading scheme for potential customers and advising them about evading the disclosure.

High encoding fraud

The possible two -year -old and two -year ruling followed many other fraud in the encryption space over the past few years. In August, the 53 -year -old Chan Hans used his position as CEO of Hartland Tristo (HTSB) to summarize some money. This ultimately led to the bank’s failure and a complete loss in stocks for investors.

Court documents showed that Hans participated in an fraudulent scheme called “pig slaughtering”. This included the embezzlement of money through the remittances of wires from Hartland accounts to anonymous encryption governor under his control.

Haru Invest Hyungo Lee CEO and two senior executives have been arrested in another development. Public Prosecutors accused Harro and his executives offended the money of customer money from March 2020 to June 2023.

After his arrest, an angry investor attacked me brutally during the court trial in South Korea in August.

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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

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