Avi Eisenberg could face up to 20 years in prison after a conviction of wire fraud, commodities fraud and commodities manipulation related to a $110 million Mango Markets exploit.
Court News
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Avi Eisenberg could face up to 20 years in prison if found guilty of commodities fraud and manipulation related to his alleged October 2022 exploit of Mango Markets.
1097Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.
1776Crypto exchange Coinbase argued that a question of law is controlling if its resolution could “significantly affect the conduct of the action.”
4044It’s unclear if the Terraform Labs co-founder’s lawyers intended to appeal the court decision, which would again delay any possible extradition to the United States or South Korea.
4152The notice of appeal was filed electronically on April 11, nearly two weeks after the former FTX CEO was sentenced to 25 years in prison.
4454Judge Lewis Kaplan said at a March 28 sentencing hearing that the former FTX CEO would serve his time at a medium- or low-security prison in the San Francisco Bay Area.
9562ASIC argues a federal court judge “erred” in finding that Finder Earn was not a “debenture” — and thus compliant with Australian financial rules.
10282A Taiwanese court has ruled that the property of Ace Exchange founder David Pan and others involved in the case will be confiscated.
1416Avi Eisenberg’s alleged Mango Markets exploit was a “modern twist” on a classic con, prosecutors argued, but Eisenberg is adamant his actions were legal.
6759Smart contracts that can be turned on and off by a multisig mechanism or governance vote are potentially problematic, says Coin Center’s Peter Van Valkenburgh.
3097Former Ethereum adviser Steven Nerayoff wants the U.S. government to repay $9.6 billion in damages for extortion charges that were eventually dismissed after four years.
3995District Judge Andrew Carter said Benjamin Delo “was central” to an alleged scheme to use customer information to manipulate prices on the exchange.
2342A Nigerian court rejected Tigran Gambaryan’s defense argument and ruled that he acted as Binance’s representative in past trips to Nigeria.
1510The Blockchain Association, Coin Center and DeFi Education Fund supported a motion for the U.S. government to dismiss charges against Roman Storm.
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