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Gotbit CEO avoids extra U.S. jail time for crypto market manipulation
Alexey Andryunin, founder of Russian market-making firm Gotbit, won’t serve more U.S. prison time after pleading guilty to wire fraud and market manipulation.
He already served 8 months in Portugal before extradition. Prosecutors had asked for 15.
Gotbit must repay $23M in crypto as part of a separate deal.
From 2018–2024, the firm used fake trades to inflate token volumes for exchange listings.
The FBI uncovered the scheme via “Operation Token Mirrors,” using a decoy token to catch bad actors.
Andryunin will be deported.
Alexey Andryunin, founder of Russian market-making firm Gotbit, won’t serve more U.S. prison time after pleading guilty to wire fraud and market manipulation.
He already served 8 months in Portugal before extradition. Prosecutors had asked for 15.
Gotbit must repay $23M in crypto as part of a separate deal.
From 2018–2024, the firm used fake trades to inflate token volumes for exchange listings.
The FBI uncovered the scheme via “Operation Token Mirrors,” using a decoy token to catch bad actors.
Andryunin will be deported.
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Second-largest $HYPE holder stakes tokens
LoracleHL, the second-biggest individual holder of $HYPE, has staked 3.35M tokens — worth over $130.69M at current prices.
LoracleHL, the second-biggest individual holder of $HYPE, has staked 3.35M tokens — worth over $130.69M at current prices.
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Degens at their 9 to 5
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Missing a coin hurts.
But forcing a trade to catch up will cost you twice.
But forcing a trade to catch up will cost you twice.
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Even top traders miss sometimes. AguilaTrades, known for $77M in profits on Bybit, has started trading on Hyperliquid.
His first major position — a $400M BTC long before the Middle East escalation — ended with a $12.5M loss.
Now he’s back with a new position
Track the trader here: https://hyperdash.info/trader/0x1f250Df59A777d61Cb8bd043c12970F3AFE4F925
His first major position — a $400M BTC long before the Middle East escalation — ended with a $12.5M loss.
Now he’s back with a new position
Track the trader here: https://hyperdash.info/trader/0x1f250Df59A777d61Cb8bd043c12970F3AFE4F925
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WW3 about to break outs
Crypto Guys:
Crypto Guys:
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Crypto Watchlist for the week ahead:
$ARB - Voting for Arbitrum's proposal to launch a DeFi Renaissance Incentive Program ends on June 20
$AERO - Millions of users will soon be able to trade Base tokens using Aerodrome directly from Coinbase app
$SOL - The SEC asked Solana ETF issuers to submit amended S-1 forms within the next week
$VIRTUAL - One of the most anticipated launches on Virtuals genesis launchpad, starts in 2 days
$HUMA - Huma Finance's proposal to activate staking rewards will be implemented this month
$S - Sonic's Season 2 Airdrop Campaign starts on June 18
$BTC - Next FOMC interest-rate decision will be announced on June 18
$STRK - Starknet Staking v2 goes live next week
$ARB - Voting for Arbitrum's proposal to launch a DeFi Renaissance Incentive Program ends on June 20
$AERO - Millions of users will soon be able to trade Base tokens using Aerodrome directly from Coinbase app
$SOL - The SEC asked Solana ETF issuers to submit amended S-1 forms within the next week
$VIRTUAL - One of the most anticipated launches on Virtuals genesis launchpad, starts in 2 days
$HUMA - Huma Finance's proposal to activate staking rewards will be implemented this month
$S - Sonic's Season 2 Airdrop Campaign starts on June 18
$BTC - Next FOMC interest-rate decision will be announced on June 18
$STRK - Starknet Staking v2 goes live next week
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