Federal prosecutors claim that Andryunin participated in the schemes of “fictitious trade” and artificially overestimated the volume of operations for the manipulating the digital assets market.
The transaction with the investigation involves the confiscation of USDT stablecoins totaling about $ 14 million and USDC stabilcoins in the amount of $ 9 million. Steblcoins are stored on four cryptocurrencies registered on the Gotbit Consulting, and are under the exclusive control of Andryunin.
The representative of the office of the prosecutor Massachusetts Lid Foley noted that instead of forced criminal confiscation of crypto acts, Alexei Andryunin agreed to the voluntary transfer of funds to the US authorities. In the case of the approval of the transaction in court, he can avoid long prison and additional cash fines.
Initially, Andryunin threatened up to 20 years in prison, however, within the framework of the agreement, the conclusion period may be limited to 24 months with the subsequent 36-month release period for supervision of the police. At the time of supervision, Andryunin will be forbidden to engage in activities related to cryptocurrencies.
In February, the founder and general director of the Gotbit Market Maker, Alexei Andryunin, was arrested in Portugal and extradited in the United States on charges of cryptocurrency fraud.
Source: Bits
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