May 19, 2024
Crypto

Your Crypto Project Needs a Sheriff, Not a Bounty Hunter

On April 18, Avi Eisenberg was convicted of fraud for his October 2022 exploit of Mango Markets. The case has grabbed particular attention because Eisenberg quickly acknowledged executing the $110 million attack, and characterized his tactics not as a crime, but as a “highly profitable trading strategy,” leaning on his interpretation of the dictum that

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Crypto

Crypto Trader Eisenberg’s $110M Fraud Trial to Put DeFi Under Microscope

NEW YORK – Crypto trader Avi Eisenberg’s criminal fraud and manipulation trial will open Tuesday after a federal judge seated a 15-person jury that includes a seller of rare books, an elementary school music director and at least two finance professionals. Expected to run for two weeks, the trial will determine whether Eisenberg broke the

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