“The prosecutors of the Southern District of New York appealed to the judge to appoint a term of 78 to 97 months of prison for Abraham Isenberg, guilty of an attack on the Mango Markets Defi Project in 2022. The meeting was scheduled for May 1. “This sentence is needed, among other things, to properly reflect the gravity of the defendant’s crimes, to promote respect for the law, to keep him from future criminal activity and to protect the public,” – said […]”, – WRITE: Businessua.com.ua

The prosecutors of the Southern District of New York appealed to the judge to appoint a term of 78 to 97 months of prison imprisonment for Abraham Isenberg, guilty In the case of an attack on the Mango Markets Defi Project in 2022.
The meeting was scheduled for May 1.
“This sentence is needed, among other things, to properly reflect the gravity of the defendant’s crimes, to promote respect for the law, to keep him from future criminal activity and to protect the public,” the prosecutors said.
Eisenberg argued that he acted as part of a legal trade strategy. However, prosecutors insist that he knew about the illegality of his actions.
In 2022, Eisenberg implemented a scheme that led to $ 110 million from the platform. He was later made additional accusations related to illegal content involving minors.
According to the document, Izenberg used two of his accounts for MNGO token, creating fake accounts on FTX, AscendEx and Serum platforms to increase its cost.
He then sold MNGO, which led to the collapse of the value of the asset and the temporary insolvency of the Mango Markets.
Earlier, Eisenberg denied the accusations of fraud and stated that he had been in force according to the rules of the protocol. However, the prosecutors indicated that he tried to hide his actions and left the country after learning about the investigation.
Later, the attacker returned Mango Markets about $ 67 million, keeping more than $ 40 million after the community approval.
We will remind, on April 18, the jurors were found Izenberg guilty of an attack on the Defi Project.
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