Avraham Eisenberg ‘executed a winning trading strategy,’ says his defense lawyer: report | Headlines | News | CoinMarketCap
04/10/2024 00:48
The court case against the Mango Markets exploiter Avraham 'Avi' Eisenberg began its opening statements Tuesday morning in a Southern District of New …
The court case against the Mango Markets exploiter Avraham 'Avi' Eisenberg began its opening statements Tuesday morning in a Southern District of New York court.
Eisenberg's defense repeats what he has said since taking responsibility for the Mango Markets exploit two years ago, emphasizing that his actions enacted a lawful "winning" trading strategy. However, the prosecution still claims that what Eisenberg did, from alleged market manipulation to stealing funds, was fraudulent, reports from Inner City Press.
In opening statements, Assistant US Attorney Tian Huang said Eisenberg artificially pumped up the price of MANGO, stole funds, disguised himself as a Ukrainian woman, fled the country and ultimately "conned Mango Markets."
"At the end, what that man did boils down to something …