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.
On April 17 in United States District Court for the Southern District of New York, Judge Richard Berman excused the jury for the day following closing arguments by prosecutors and defense attorneys. The individuals will continue deliberations tomorrow on whether to find Eisenberg guilty of commodities fraud and commodities manipulation after a two-week trial.
“My client fully complied with the Mango Markets smart contracts,” said Eisenberg’s attorney, according to reporting from Inner City Press. “He withdrew his own capital. It wasn’t a borrow. And the rest of the money? He returned shortly afterwards. They called Avi brazen. That’s not a crime. He didn’t hack into Mango Markets.”
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