The Block Crypto News14 minutes ago

Published on August 08, 2024 14:34 GMT+00:00edited on August 08, 2024 14:44 GMT+00:00

Convicted Mango Markets exploiter Avraham "Avi" Eisenberg is asking a court to throw out fraud and commodity-related charges and requests a new trial.

In a 77-page motion filed earlier this week, Eisenberg's lawyers argued that the Southern District of New York was not the right venue and said the government didn't prove Eisenberg intended to manipulate the price of a perpetual futures contract on decentralized crypto exchange Mango Markets.

"The evidence was unequivocal that Mr. Eisenberg was at all relevant times—an amount of time that was rather circumscribed as all of the relevant trading and withdrawal activity took place in a roughly hour-long period—situated in or around Puerto Rico and acting alone," his lawyers said. "Faced with a total lack of evidence as to venue, the …