Latest Crypto News: DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme

Link: https://cryptoslate.com/doj-indicts-gotbit-ceo-for-allegedly-orchestrating-massive-wash-trading-scheme/

Summary:

The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national residing in Portugal, allegedly orchestrated a scheme to artificially inflate trading volumes for client crypto companies, including several based in the US. He […]

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