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I noticed an interesting story in the crypto community that makes you think about fairness. Do you remember Aleksey Andryunin? The guy from Russia who created Gotbit and essentially became one of the key players in crypto market making. Well, he was detained, extradited to the U.S., and now he’s admitting guilt in court.
The whole story seems incredibly unfair, honestly. About $450 million went through Gotbit. The company worked with over 2,000 projects—from NFTs to major blockchain platforms. Andryunin was doing the same thing market makers do on traditional markets: creating liquidity, helping tokens gain volume, making charts look nice. Nothing criminal at first glance.
But here’s what stands out. U.S. authorities confiscated $23 million from him. Now he faces up to 24 months in prison. And do you know what’s happening in parallel? JP Morgan was laundering money for Mexican cartels—no one was arrested. Deutsche Bank helped Epstein hide millions—judges weren’t in a rush. But 26-year-old guy, Aleksey Andryunin, who was just doing market making in crypto? He’s being caught, prosecuted, imprisoned.
This looks like a hunt. For some reason, the U.S. is especially aggressive in persecuting crypto entrepreneurs but turns a blind eye to schemes by traditional financial giants. Maybe because Andryunin wasn’t part of the system? Because he didn’t sit in one of those offices considered “too big to prosecute”?
Did he do something illegal? Maybe. But everyone moving markets does that. The only difference is that he got caught, and others didn’t.