Gotbit founder Aleksei Andriunin has reached a plea deal with US authorities to forfeit $23 million in crypto assets linked to market manipulation charges. Court documents cited by Law360 show that Andriunin's involvement in Gotbit resulted in financial "damage" to "decentralized market participants" who purchased cryptocurrencies at "fraudulently inflated prices". The founder of Gotbit was extradited to the US at the end of February after he was arrested in Portugal four months ago. The plea deal could result in Andriunin not having to go to jail and not having to pay additional fines other than forfeiture of assets. However, the court reserves the final discretion on the terms of the sentence. The assets forfeited in the civil case totaled $23 million, including stablecoins issued by Tether and Circle, held in four wallets "under full control" of Andriunin. According to court documents, Andriunin will receive three years of supervised release, during which he is strictly prohibited from engaging in any crypto activities. This follows news in November last year that the Department of Justice sued the CEO of Gotbit for allegedly orchestrating large-scale fake transactions.