Judge to sentence Mango Markets attacker on July 29

According to BlockBeats, on April 19, CoinDesk reported that a Manhattan jury in New York found Mango Markets attacker Avi Eisenberg guilty of fraud and market manipulation. New York District Court Judge Arun Subramanian will sentence him on July 29. BlockBeats previously reported that on April 12, Avraham Eisenberg could face up to 20 years in prison if all three charges of trading on the DeFi trading platform Mango Markets in October 2022 were found guilty by the jury. These transactions earned him at least $110 million worth of various cryptocurrencies. Officials tried to portray the transactions as illegal profits from market manipulation, while the defense called them legitimate trading strategies.