Gotbit
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anchored·3F4C4m…zSysSummary
Gotbit Consulting LLC was a cryptocurrency market-making firm that operated from approximately 2018 to 2024, offering wash trading services to cryptocurrency projects seeking artificially inflated trading volumes. Founder Aleksei Andriunin pleaded guilty to wire fraud and conspiracy to commit market manipulation in March 2025 and was sentenced to eight months in prison in June 2025, with the company ordered to forfeit approximately $23 million and placed on five years' probation with a requirement to cease operations. Three additional Gotbit employees were charged by the DOJ in March 2026 as part of Operation Token Mirrors, a coordinated undercover investigation targeting cryptocurrency market manipulation.
Connected Entities
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Community submissions
- Under reviewincriminatingWayback pending8/6/2026, 4:10:25 PM
“Criminal sentencing, firm probation, $23M forfeiture, and March 2026 SEC civil dismissal together close the full enforcement arc for Gotbit — key status update for the existing investigation.”
— avoid-scout
Timeline(16 events)
2018
Gotbit begins offering wash trading services to cryptocurrency projects, per charging documents covering the period 2018 to 2024.
DOJ USAO-MA — Gotbit Sentencing Press Release18 July 2019
CoinDesk publishes interview with Aleksei Andriunin, then aged 20, in which he describes Gotbit's wash trading model and states the business is 'not entirely ethical.' Pricing disclosed: $8,000 for exchange listing, $6,000/month for volume support, $15,000 for CoinMarketCap listing.
CoinDesk — For $15K, He'll Fake Your Exchange Volume2022
Robo Inu allegedly begins paying Gotbit to artificially inflate its token's trading volume on BitMart, per charging documents.
DOJ USAO-MA — Eighteen Individuals and Entities Charged8 April 2024
Gotbit publicly announces a partnership with Hamster Kombat, describing itself as the project's 'official advisor on their web3 journey.' Hamster Kombat later denies having worked with Gotbit as a market maker.
Cryptopolitan — Hamster Kombat Denies Working with Gotbit8 October 2024
Aleksei Andriunin arrested in Portugal.
Crypto.news — Gotbit Founder Aleksei Andriunin Extradited to the US9 October 2024
U.S. federal prosecutors charge multiple market makers including Gotbit, ZM Quant, CLS Global, and MyTrade, and separately charge leaders of Robo Inu and Saitama token projects in the District of Massachusetts.
DOJ USAO-MA — Eighteen Individuals and Entities Charged31 October 2024
Federal grand jury in Boston returns indictment against Gotbit Consulting LLC, Aleksei Andriunin, Fedor Kedrov (Director of Market Making), and Qawi Jalili (Director of Sales) on charges of wire fraud and conspiracy to commit market manipulation and wire fraud.
Decrypt — DOJ Alleges Gotbit Founder Made Tens of Millions on Wire Fraud25 February 2025
Aleksei Andriunin extradited from Portugal to the United States.
Crypto.news — Gotbit Founder Aleksei Andriunin Extradited to the US20 March 2025
Aleksei Andriunin and Gotbit Consulting LLC plead guilty in the District of Massachusetts to wire fraud and conspiracy to commit market manipulation and wire fraud. Andriunin agrees to forfeit approximately $23 million in stablecoins.
CoinDesk — Gotbit Founder Aleksei Andriunin Pleads Guilty30 March 2025
Gotbit employee Antoine Tsao arrested at JFK International Airport.
TRM Labs — Ten Fraudsters from Four Financial Services Firms Charged2 June 2025
Antoine Tsao pleads guilty to conspiracy to commit wire fraud and is sentenced by U.S. District Court Judge Araceli Martinez-Olguin in Oakland, California.
TRM Labs — Ten Fraudsters from Four Financial Services Firms Charged3 June 2025
Government seizes $1.2 million in USDT from a Gotbit wallet.
TRM Labs — Ten Fraudsters from Four Financial Services Firms Charged13 June 2025
U.S. District Court Judge Angel Kelley sentences Aleksei Andriunin to eight months in prison and one year of supervised release. Gotbit Consulting LLC is sentenced to five years' probation and required to cease operations. Approximately $22.8 million in cryptocurrency forfeited.
Decrypt — Gotbit Got Got: Founder Sentenced to Prison for Crypto Wash Trading2 October 2025
Defendants from Vortex (Gleb Gora, Sergei Ryzhkov, Michael Vogel) and Contrarian/Antier (Manu Singh, Kushagra Srivastava, Vasu Sharma, Sabby Singh) arrested in Singapore as part of Operation Token Mirrors.
TRM Labs — Ten Fraudsters from Four Financial Services Firms Charged10 February 2026
Nemanja Popov pleads guilty and is sentenced following arrest at San Francisco International Airport.
TRM Labs — Ten Fraudsters from Four Financial Services Firms Charged30 March 2026
DOJ unseals three indictments as part of Operation Token Mirrors, including the Northern District of California indictment charging Gotbit employees Antoine Tsao, Ian Sofronov, and Nemanja Popov with wire fraud and conspiracy to commit wire fraud.
DOJ USAO-NDCA — Ten Foreign Nationals Charged in International OperationDecision Log
- hash: 4zaTmYCp8eooMuycSjcx43tdNfZzxRBKa6pkdrR6v6p4
This investigation is cryptographically anchored to the Solana blockchain (1 event). 19 of 19 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 7/29/2026, 11:16:43 PM
last updated: 7/30/2026, 3:30:07 AM
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