Apr 19, 04:37 PM

Crypto Trader Convicted for $110M Mango Markets Manipulation

In a landmark legal case, a New York federal jury convicted cryptocurrency trader Avi Eisenberg of market manipulation involving the Mango Markets platform. Eisenberg was found guilty of inflating the platform's tokens and subsequently borrowing $110 million against them, despite his 'Code Is Law' defense. This case marks the first-ever conviction for cryptocurrency market manipulation. Sentencing is scheduled for July 29.

#New York #Avi Eisenberg #Mango Markets #Eisenberg #Code Is Law

Written with ChatGPT (GPT-4).