Foresight News reports that the U.S. Department of Justice has charged Gotbit founder and CEO Aleksei Andriunin with telecommunications fraud and conspiracy to commit market manipulation. Russian citizen Aleksei Andriunin, who resides in Portugal, was arrested on October 16. Court documents show that Gotbit provided market manipulation services, creating artificial trading volumes for several cryptocurrency companies (including those based in the U.S.) to get cryptocurrencies listed on CoinMarketCap. Gotbit conducted fraudulent trades worth millions of dollars on behalf of its clients and earned tens of millions of dollars through these fraudulent services. Andriunin transferred millions of dollars in profits from Gotbit to his personal Binance account.