Vy Pham
Summary
Vy Pham is a California-based cryptocurrency promoter charged in October 2024 by both the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission (SEC) in connection with alleged market manipulation of two meme tokens: Saitama Inu and Robo Inu Finance. Pham agreed to plead guilty to conspiracy to commit market manipulation, conspiracy to commit wire fraud, and operating an unlicensed money transmitting business. The charges are part of a coordinated federal enforcement action, Operation Token Mirrors, which targeted 18 individuals and entities for widespread fraud in cryptocurrency markets.
Connected Entities
1 entities- + 3 more
Timeline(14 events)
2021-08-01
Saitama LLC incorporated in Massachusetts. Vy Pham is among the promoters of Saitama Inu.
DOJ Press Release — Operation Token Mirrors2021-11-01
Saitama Inu reaches approximately $7.5 billion peak market capitalization, briefly ranking in the top 40 cryptocurrencies globally.
Dhar Law LLP / CoinGeek — Operation Token Mirrors coverage2021-11-01
Robo Inu Finance (RBIF) token launches on Ethereum, founded by Vy Pham after departing Saitama.
CoinLore: Robo Inu Finance2022-02-01
Robo Inu Finance begins alleged paid wash trading campaign with Gotbit Consulting LLC. Prosecutors allege a private Telegram chatroom is created among Pham, Gotbit executives Fedor Kedrov and Qawi Jalili, and others to coordinate fabricated volume.
DOJ Criminal Information: United States v. Vy Pham2022-04-16
Robo Inu Finance (RBIF) reaches its all-time high price.
CoinLore: Robo Inu Finance Price History2022-06-01
Saitama LLC dissolved. Saitama co-founders Armand, Kohli, and Tran form a new company in Dubai and relocate operations.
SEC Complaint against Saitama promoters (LR-26155)2023-01-01
Prosecutors allege Pham instructs Gotbit to boost Robo Inu volume 'above 1.1mil daily' on BitMart.
CoinGeek — Operation Token Mirrors coverage2023-06-01
Alleged Robo Inu wash trading campaign with Gotbit ends, according to DOJ timeline.
DOJ Criminal Information: United States v. Vy Pham2024-10-08
Gotbit founder Aleksei Andriunin arrested in Portugal as part of Operation Token Mirrors.
CoinDesk: Gotbit Founder Aleksei Andriunin Extradited to U.S. on Fraud Charges2024-10-09
DOJ unseals criminal information charging Vy Pham with conspiracy to commit market manipulation, conspiracy to commit wire fraud, and conspiracy to operate an unlicensed money transmitting business. Pham agrees to plead guilty. SEC simultaneously files civil complaint against Pham (Litigation Release No. 26153). SEC also files separate civil complaint against four other Saitama LLC promoters.
DOJ Press Release — Operation Token Mirrors; SEC LR-261532025-02-25
Gotbit founder Aleksei Andriunin extradited to the United States.
CoinDesk: Gotbit Founder Aleksei Andriunin Extradited to U.S. on Fraud Charges2025-03-20
Gotbit founder Aleksei Andriunin pleads guilty to wire fraud and conspiracy to commit market manipulation.
CoinDesk: Gotbit Founder Aleksei Andriunin Pleads Guilty to Wire Fraud, Market Manipulation2025-06-01
Aleksei Andriunin sentenced to eight months in prison and one year supervised release. Gotbit Consulting LLC sentenced to five years probation and ordered to forfeit approximately $23 million and cease operations.
The Block: Gotbit founder Aleksei Andriunin sentenced to 8 months following wash trading schemeDecision Log
- #1publish⛓ pending8/15/2026, 5:09:29 PMhash: Ejf9DPsYe81a8L4AdegSmbeXDu9PLm4zeNYcNbU8qhzS
15 of 16 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 8/15/2026, 5:09:17 PM
last updated: 8/15/2026, 8:33:52 PM
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