A Russian citizen accused of manipulating the cryptocurrency market was handed over to the United States to confront federal charges. Alexei Andionin, the founder of Gottit, appeared in Boston Court after being delivered from Portugal, where he was residing.
Gotbit founder, we narrated because of the encryption fraud
The founder of Gottit Andonin, 26, was arrested in Portugal on October 8, 2024, after a federal jury in Boston. He was delivered to the United States on February 25, 2025, and appeared before the court the next day. The judge ordered his arrest while waiting for more procedures.
The US Public Prosecutor’s Office in Massachusetts announced his delivery, saying that the founder of Gotbit faces fraud in wires and conspiracy to commit market treatment and fraud in wires. Prosecutors claim that Underonin led a plan to manipulate cryptocurrencies and generate millions in fraudulent returns.
The court documents states that between 2018 and 2024, Anderonin and his company, Gotbit, provided market manipulation services to encrypted currency companies. It is claimed that Gottit participates in “washing trading”, which includes artificial trading volume to make digital codes look more valuable.
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Kelvin Monin Murithi
Kelvin is a distinguished writer who has experience in encryption and financing, holding a Bachelor’s degree in Actura Sciences. It is famous for its careful analysis and insightful content.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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