Avi Eisenberg Found Guilty in Mango Markets Fraud

Crypto Trader Convicted in Groundbreaking $110 Million Digital Heist

In a landmark case that underscores the U.S. legal system's adaptability to new financial frontiers, Avi Eisenberg, a prominent figure in the cryptocurrency trading world, has been found guilty of orchestrating a sophisticated fraud and market manipulation scheme. This scheme led to a staggering $110 million heist from the decentralized finance (DeFi) protocol, Mango Markets, in October 2022. This verdict was delivered by a Manhattan jury, marking a significant victory for federal prosecutors in the Southern District of New York.