Gotbit founder Aleksei Andriunin has agreed to forfeit about $23 million in Tether USDt and USDC in a plea deal with Massachusetts federal prosecutors.
Aleksei Andriunin, a Russian national charged with manipulating cryptocurrency through the Gotbit market maker platform, has reportedly struck a plea deal with prosecutors in the United States.
Gotbit founder and CEO Andriunin has agreed to forfeit about $23 million in Tether USDt (USDT) and Circle’s USDC (USDC) in a plea deal with Massachusetts federal prosecutors, the legal news service Law360 reported on March 19.
As part of the plea, Andriunin will plead guilty to three counts charging conspiracy to commit wire fraud and market manipulation, according to the letter signed by the defendant on March 19.
