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duytdcrypto
@duytd1
Plea Deal: Gotbit founder Aleksei Andriunin has reached a plea deal with US authorities, agreeing to forfeit $23 million in crypto assets to avoid jail time. Market Manipulation Charges: Gotbit is accused of manipulating token prices through wash trading, creating fake trading volumes to trick investors into buying crypto at inflated prices. Potential Punishment: Andriunin was initially facing up to 20 years in prison and large financial penalties. However, if the court accepts the deal, he will not face jail time and will only have his assets forfeited. Details of Assets Seized: The $23 million seized was mostly stablecoins from Tether and Circle, held in four crypto wallets controlled by Andriunin.
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