Aleksei Andriunin, founder of cryptocurrency financial services firm Gotbit, was extradited from Portugal to the United States to face charges of wire fraud and conspiracy to commit market manipulation. Authorities allege that between 2018 and 2024, Gotbit engaged in wash trading and market manipulation to inflate trading volumes of digital tokens, benefiting clients including Saitama and Robo Inu. The firm’s sham trades totaled millions in value, earning tens of millions in proceeds.
