According to Bitcoin.comNews,
The DOJ has indicted a Russian cryptocurrency CEO for allegedly orchestrating a massive wash trading scheme to artificially inflate crypto market volumes, defrauding investors and exchanges globally.
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The U.S. Department of Justice (DOJ) announced Thursday that Aleksei Andriunin, the founder and CEO of cryptocurrency financial services company Gotbit, has been indicted for wire fraud and conspiracy to manipulate the market and commit wire fraud. The announcement states:
A Russian national residing in Portugal has been indicted for his role in a vast conspiracy to manipulate cryptocurrency markets on behalf of cryptocurrency client companies.$BTC
