Big news in the world of cryptocurrency! A man named Aleksei Andriunin, who ran a crypto company called Gotbit, was sent to the United States to face trial. He's accused of cheating the system to make it look like lots of people were buying and selling cryptocurrencies, which isn't fair. This is called market manipulation.
- Andriunin is accused of "wash trading," which means making fake trades to boost prices.
- He and his company, Gotbit, allegedly made millions of dollars doing this.
- He could go to prison for a long time if found guilty.
| Fact | Detail |
|---|---|
| Age | 26 |
| Maximum Prison Sentence | 20 years |
| Maximum Fine | $250,000 or double the profits |
