⚡️ In Boston, federal prosecutors charged Alexey Andriunin, the founder of Gotbit, with fraud and conspiracy to manipulate the market.

📉 Andriunin and his firm allegedly artificially inflated trading volumes for various crypto companies to make them more popular.

👨‍⚖️ If convicted, he faces up to 20 years in prison and hefty fines.

💸 During the operation, the FBI seized $25 million and arrested 18 people for cryptocurrency manipulation.