Judge postpones sentencing of Mango Markets trader Avi Eisenberg until April 10

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ODAILY
01-09
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Odaily Odaily report: Avraham "Avi" Eisenberg, who was convicted of fraud and market manipulation using Mango Markets, will be sentenced on April 10. In a document submitted to the U.S. District Court for the Southern District of New York (SDNY) on January 8, Judge Arun Subramanian, at the request of Eisenberg's lawyers, postponed Eisenberg's sentencing hearing to April 10. He was originally scheduled to be sentenced on December 12, but was later postponed to February 11 due to his conviction in April 2024. The legal team for the Mango Markets attacker requested a delay on January 7 due to "the complexity of the factual record in the case and some sentencing issues." The U.S. Attorney's Office did not object to this change. (Cointelegraph) Last April, a New York grand jury found cryptocurrency trader Avi Eisenberg guilty of fraud and market manipulation charges, and he stole $110 million from the decentralized finance protocol Mango Markets in October 2022. Eisenberg was arrested in Puerto Rico in 2022 and charged with commodity fraud, commodity manipulation, and wire fraud.

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