{"id":15194,"date":"2025-02-26T19:46:47","date_gmt":"2025-02-26T19:46:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15194"},"modified":"2025-02-26T19:46:47","modified_gmt":"2025-02-26T19:46:47","slug":"gotbit-founder-aleksei-andriunin-extradied-to-u-s-on-fraud-charges","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15194","title":{"rendered":"Gotbit Founder Aleksei Andriunin Extradied to U.S. on Fraud Charges"},"content":{"rendered":"<div>\n<p>Gotbit founder Aleksei Andriunin, a 26-year-old Russian national, was extradited to the U.S. on Tuesday to face fraud charges stemming from allegations that his firm participated in a \u201cwide-ranging conspiracy\u201d to manipulate token prices for paying client cryptocurrency companies, the U.S. Department of Justice said in a press release on Wednesday.<\/p>\n<\/p>\n<p>Andriunin was arrested in Portugal last October and subsequently indicted by a Boston grand jury on charges of wire fraud and conspiracy to commit market manipulation and wire fraud, charges which carry a combined maximum sentence of 25 years in prison. The indictment also charged Gotbit itself, as well as two of its directors, Fedor Kedrov and Qawi Jalili, both also of Russia.<\/p>\n<\/p>\n<p>Between 2018 and 2024, <a href=\"https:\/\/www.coindesk.com\/policy\/2024\/10\/09\/prosecutors-charge-two-crypto-market-makers-employees-with-market-manipulation-fraud\" target=\"_blank\">prosecutors say<\/a> that Gotbit essentially provided market manipulation services for hire, offering their token price-inflating services to a variety of crypto companies, including companies based in the U.S.<\/p>\n<\/p>\n<p>Andriunin was not shy about the nature of Gotbit\u2019s services \u2013\u00a0in a 2019 interview with CoinDesk, which is referenced in the Department of Justice\u2019s (DOJ) Wednesday announcement, Andriunin, then a sophomore at Moscow State University, bluntly admitted that his business was \u201cnot entirely ethical.\u201d<\/p>\n<\/p>\n<p>Read more: <a href=\"https:\/\/www.coindesk.com\/markets\/2019\/07\/18\/for-15k-hell-fake-your-exchange-volume-youll-get-on-coinmarketcap\" target=\"_blank\">For $15K He\u2019ll Fake Your Exchange Volume \u2013\u00a0You\u2019ll Get on CoinMarketCap<\/a><\/p>\n<\/p>\n<p>According to court documents, Gotbit received \u201ctens of millions of dollars in proceeds\u201d from their fraudulent activity. Andriunin is accused of \u201ctransferr[ing] millions of dollars of Gotbit\u2019s proceeds into his personal Binance account.\u201d<\/p>\n<\/p>\n<p>Andriunin made an initial appearance before a Boston judge on Tuesday. His next hearing has not yet been scheduled.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Gotbit founder Aleksei Andriunin, a 26-year-old Russian national, was extradited to the U.S. on Tuesday to face fraud charges stemming from allegations that his firm participated in a \u201cwide-ranging conspiracy\u201d to manipulate token prices for paying client cryptocurrency companies, the U.S. Department of Justice said in a press release on Wednesday. Andriunin was arrested in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15194","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15194"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15194\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}