US prosecutors oppose Mango Market exploiter’s motion for acquittal
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets’ insurance fund to ensure users retained their money. Go to Source
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Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets’ insurance fund to ensure users retained their money. Go to Source
Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities violations. Should the proposal pass, it could result in a settlement involving a financial penalty and the end of … Read more
Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Eisenberg’s legal team has filed a motion for judgment of acquittal or, alternatively, a new trial, citing several legal and evidentiary flaws in the … Read more
Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation. Go to Source
Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors. Go to Source
SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s. Go to Source Powered by WPeMatico
Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter. Go to Source Powered by WPeMatico
The Mango Markets exploiter previously called his attack on the crypto exchange “legal open market actions.” Go to Source Powered by WPeMatico
A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action. Go to Source Powered by WPeMatico