Mango Markets trader Avi Eisenberg has been convicted of fraud and manipulation
2024-04-18 19:06:05
A Manhattan, NY jury has found cryptocurrency trader Avi Eisenberg guilty of fraud and market manipulation for stealing $110 million from decentralized financial protocol Mango Markets in October 2022. Eisenberg was arrested in Puerto Rico in December 2022 and charged with commodity fraud, commodity manipulation and telegraphic transfer fraud, among other counts. New York District Court Judge Arun Subramanian will sentence him on July 29. Eisenberg faces up to 20 years in federal prison for his crimes.
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