DeFi Daily News
Friday, August 1, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Cryptocurrency Altcoins

rewrite this title Gotbit CEO Faces Justice: $23M Crypto Forfeited in US Deal

Editor-In-Chief, BitDegree by Editor-In-Chief, BitDegree
March 20, 2025
in Altcoins
0 0
0
rewrite this title Gotbit CEO Faces Justice: M Crypto Forfeited in US Deal
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Enjoyed this article?

Share it with your friends!

The founder of Gotbit, Aleksei Andriunin, has agreed to a plea deal with US prosecutors after being accused of manipulating cryptocurrency markets.

Under the agreement, he will forfeit approximately $23 million in Tether


USDT

$0.9961

and USD Coin


USDC

$0.9969

, according to a report from Law360 on March 19.

The plea deal includes Andriunin admitting guilt to three charges related to conspiracy to commit wire fraud and market manipulation. A signed letter from March 19 outlines these charges, confirming his acknowledgment of wrongdoing.

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe – We publish new crypto explainer videos every week!

What is a Crypto Bull Run? (Animated Explainer + Prediction)

What is a Crypto Bull Run? (Animated Explainer + Prediction)
What is a Crypto Bull Run? (Animated Explainer + Prediction)

In the agreement, Andriunin also accepts that forfeiting the funds does not clear any other penalties or debts he may owe to the US government. This includes fines, restitution, or any other financial obligations that could arise from the case.

A letter from the US Attorney for the District of Massachusetts, Leah Foley, further clarifies that this deal only applies to Andriunin and the prosecutors involved. It does not prevent other federal, state, or local authorities from taking action against him.

Additionally, the letter states that the court is not required to follow the sentencing recommendations set in the plea deal. Andriunin will not be able to withdraw his guilty plea if the final sentence differs from his expectations.

According to a February 26 statement from the US Attorney, Andriunin was arrested in Portugal on October 8, 2024, and extradited to the United States on February 25, 2025. How did the case unfold? Read the full story.

Aaron S. Editor-In-Chief

Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: 23MCEOCryptodealfacesForfeitedGotbitJusticerewritetitle
ShareTweetShare
Previous Post

rewrite this title and make it good for SEO’India-tech for the world is ready’: Anupam Mittal says it’s time for UPI to disrupt global payment giants like Visa, Mastercard

Next Post

rewrite this title and make it good for SEO Kraken Eyes Expansion Into Futures Trading as It Nears $1.5B Deal for NinjaTrader – NFTgators

Next Post
rewrite this title and make it good for SEO Kraken Eyes Expansion Into Futures Trading as It Nears .5B Deal for NinjaTrader – NFTgators

rewrite this title and make it good for SEO Kraken Eyes Expansion Into Futures Trading as It Nears $1.5B Deal for NinjaTrader - NFTgators

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

rewrite this title 4 Secrets from Chefs for Better Cruise Dining – NerdWallet

November 15, 2024
The Future of Blockchain: An Inside Look at Cardano

The Future of Blockchain: An Inside Look at Cardano

July 18, 2024
rewrite this title and make it good for SEO’You are insanely lucky if you get…’: Netizens react after Bengaluru man exposes ‘biggest scam’ in rental security deposit

rewrite this title and make it good for SEO’You are insanely lucky if you get…’: Netizens react after Bengaluru man exposes ‘biggest scam’ in rental security deposit

November 16, 2024
How to Check if Your Gmail Account is Accessed from Another Location: Secure Your Email Now

How to Check if Your Gmail Account is Accessed from Another Location: Secure Your Email Now

July 27, 2024
rewrite this title Alaska Airlines Unveils a Few Details About New Premium Card – NerdWallet

rewrite this title Alaska Airlines Unveils a Few Details About New Premium Card – NerdWallet

December 10, 2024
Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

Bitcoin Miners Selling Bitcoin to Stay Solvent Amid Volatility in Price – Decrypt

August 13, 2024
rewrite this title and make it good for SEOAnthropic CEO Dario Amodei escalates war of words with Jensen Huang, calling out ‘outrageous lie’ and getting emotional about father’s death

rewrite this title and make it good for SEOAnthropic CEO Dario Amodei escalates war of words with Jensen Huang, calling out ‘outrageous lie’ and getting emotional about father’s death

August 1, 2025
rewrite this title Crypto Markets See Red as Solana, XRP, Dogecoin Extend Losses – Decrypt

rewrite this title Crypto Markets See Red as Solana, XRP, Dogecoin Extend Losses – Decrypt

August 1, 2025
rewrite this title Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments | TechCrunch

rewrite this title Handwave lends a hand to retailers with its European alternative to Amazon’s palm payments | TechCrunch

August 1, 2025
rewrite this title A.I. Artificial Intelligence (2001)

rewrite this title A.I. Artificial Intelligence (2001)

August 1, 2025
rewrite this title with good SEO A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

rewrite this title with good SEO A Ticking Time Bomb? US Senator Compares GENIUS Act to 2008 Financial Crisis

August 1, 2025
rewrite this title NFL: Chargers Defeat The Lions To Open The 2025 Preseason

rewrite this title NFL: Chargers Defeat The Lions To Open The 2025 Preseason

July 31, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.