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Mango Markets attackers to be sentenced on July 29
2024-04-19 00:55
Odaily News A Manhattan jury in New York found Mango Markets attacker Avi Eisenberg guilty of fraud and market manipulation, and New York District Court Judge Arun Subramanian will sentence him on July 29. (CoinDesk) As previously reported, Avraham Eisenberg could face up to 20 years in prison if all three charges of trading on the DeFi trading platform Mango Markets in October 2022 are found guilty by the jury. These transactions earned him at least $110 million worth of various cryptocurrencies. The authorities tried to portray the transactions as illegal profits from market manipulation, while the defense called it a legitimate trading strategy.