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- 🎃 Halloween is here! Four GDOGs line up! 👻
🧡 Can you spot which GDOG secretly dressed up for Halloween today?
💰 Join the fun — 3 lucky users will each win 20 USDT!
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1️⃣ Follow Gate_Square
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🗓️ Deadline: November 2, 2025, 16:00 UTC - 💥 Gate Square Event: #PostToWinPIGGY 💥
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
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The founder of Gotbit was sentenced to 8 months in prison for manipulating the crypto market.
According to the Gate News bot, The Block reported that Gotbit’s founder Aleksei Andriunin was tried on June 13 in a federal court in Massachusetts, USA. The court sentenced Andriunin to 8 months in prison and 1 year of supervised release. At the same time, Gotbit was sentenced to 5 years of probation during which it must cease operations.
According to the prosecution’s allegations, Andriunin executed millions of dollars in false transactions ( wash trading ) through Gotbit from 2018 to 2024, artificially increasing trading volume and raising token prices for multiple encryption projects. Earlier this March, Andriunin reached a $23 million plea agreement with the U.S. Department of Justice.
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