Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. authorities to forfeit $23 million in crypto assets in connection with market manipulation charges.
Andriunin’s involvement with Gotbit’s operations caused financial “harm to dispersed market participants” who bought crypto “at fraudulently inflated prices,” court documents cited by Law360 show.
The 26-year-old founder of market-making firm Gotbit was extradited to the U.S. in late February after being arrested in Portugal four months earlier.
The letter details a plea agreement communicated to both the court and defense counsel outlining provisions allowing either party to withdraw if the court rejects any element.
The plea agreement could result in no prison time and…
Jun 18 2025
