Overview

• Aleksei Andriunin was handed an eight-month sentence by Judge Angel Kelley that was deemed served after his detention following an October arrest in Portugal and February extradition to the U.S.
• Gotbit Consulting LLC must forfeit approximately $23 million in seized cryptocurrency and will cease operations under a five-year probation agreement.
• Prosecutors linked the charges to Operation Token Mirrors, an FBI undercover operation that deployed a synthetic token to lure and expose market manipulation traders.
• Between 2018 and 2024, Gotbit used bespoke software to conduct wash trades for clients including Robo Inu and Saitama in order to artificially boost token listings and volumes.
• This conviction is the third against crypto market makers in a broader federal crackdown that previously ensnared firms such as MyTrade and CLS Global.