U.S. prosecutors are seeking a prison sentence ranging from 78 to 97 months for Avraham Eisenberg, who was convicted in connection with a $110 million exploit of Mango Markets, according to an April 22 court filing in a New York district court. The sentencing hearing for Eisenberg is scheduled for May 1 before U.S. District Judge Arun Subramanian. Separately, former Celsius Network CEO Alex Mashinsky is set to be sentenced on May 8 in a U.S. court on charges of fraud and manipulation. Investors affected by the collapse of Celsius Network have urged the federal judge to impose a harsh sentence on Mashinsky. Both cases highlight ongoing legal actions against key figures involved in major cryptocurrency-related controversies.
A slew of disgruntled investors in the failed crypto lender Celsius Network urged a federal judge to throw the book at founder Alex Mashinsky at his sentencing next month https://t.co/oukMdeqsC1
[THE BLOCK] US court to sentence former Celsius CEO Alex Mashinsky on May 8 over fraud and manipulation charges $CEL
US court to sentence former Celsius CEO Alex Mashinsky on May 8 over fraud and manipulation charges https://t.co/eCJShIYJ9h