Market Markets are said to have been punished for more than 4 years on child pornography charges
Avraham Eisenberg has been punished for more than four years in prison for child pornography charges, unrelated to his role in 2022 exploitation that has dried decentralized mango markets of approximately $ 100 million.
According to reporting from Inner City Press, a judge punished Eisenberg up to 52 months in prison during a May 1 hearing in the US District Court for the Southern District of New York. The case was filed in April 2024 after Eisenberg’s 2023 accused of fraud for exploiting mango markets.
Eisenberg was initially scheduled to be punished in July 2024 following his guilty request for the child’s pornography. In May 2024, the judge suggested that the subjugation for both cases will take place at the same time -at the same time as a combined continuation. However, until May 1, the judgment of fraud remains pending.
Protecting the case of Mango Markets reflects the growing possibility of remembering for hackers and exploitation of cybersecurity that burns the crypto industry with a malicious attack on platforms and users.
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Avraham Eisenberg’s case
Mango Markets, a former decentralized crypto exchange, is Exploited in October 2022 Through a price manipulation of Oracle, lost $ 100 million in user funds as a result.
Native token of the exchange Mango (MNGO), also fell immediately following the hack, pouring 52% of its value within 24 hours and led the Mango Markets team to suspend the deposits.
Eisenberg Defending exploitationIt is upheld that $ 100 million heist was made by “legal open-market actions” and claimed that he had agreed on a settlement for the return of user funds after the exchange insurance fund failed.
In December 2022, US Federal law enforcement authorities Eisenberg was arrested in Puerto Rico. FBI officials charge the hacker with a number of commodity fraud and a number of manipulation of goods.
A Jury found Eisenberg guilty of wire fraud, commodity fraud, and manipulation of goods in April 2024. The defense argues that exploitation is not a cybercrime and represents a “successful and legal trading approach.”
Following convincing, mango lawyers exploit the lawyers filed a motion for abolishing -Baisa In September 2024, the US prosecutors, who argued that Eisenberg, were very condemned by the careful examination of a “mountain of evidence.”
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