Big news in the world of cryptocurrency! A company called Gotbit and its founder, Aleksei Andriunin, are in trouble. They're accused of cheating to make some cryptocurrencies look more popular than they really were.
- Gotbit made fake trades to boost the prices of cryptocurrencies like Saitama and Robo Inu.
- This is called "wash trading" – it's like pretending to buy and sell something to make it seem more valuable.
- Aleksei Andriunin was arrested in Portugal and brought to the US to face charges.
Fact | Details |
---|---|
Wash Trading Value | Millions of dollars |
Gotbit's Earnings | Tens of millions of dollars |
Number of people charged | 15 individuals |
This shows how important it is to be careful with cryptocurrency investments. Remember, always do your research before investing your money!