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  4. Mango Market Manipulator Has Been Arrested In Puerto Rico
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Mango Market Manipulator Has Been Arrested In Puerto Rico

Avraham Eisenberg, the man behind the Mango Market manipulation, was arrested on Monday.Eisenberg was accused of stealing about $110 million through manipulation.The court filing...
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Mango Market Manipulator Has Been Arrested In Puerto Rico Mango Market Manipulator Has Been Arrested In Puerto Rico

  • Avraham Eisenberg, the man behind the Mango Market manipulation, was arrested on Monday.

  • Eisenberg was accused of stealing about $110 million through manipulation.

  • The court filing revealed that Eisenberg was charged under two counts.

Seeking justice for a past crime, US Attorney Damian Williams stated that Avraham Eisenberg, the man behind the Mango Market manipulation, was arrested on Monday in Puerto Rico. Reports have claimed Eisenberg was accused of stealing about $110 million through manipulation of the Mango Market.

The complaint by Brandon Racz, a special agent with the Federal Bureau of Investigations (FBI), was filed on Friday. The court filing revealed that Avraham Eisenberg was charged under two counts: Commodities Fraud and Commodities Manipulation.

Through a careful investigation, the special agent revealed that Eisenberg created a large perpetual future position based on the relative value of MNGO and USDC. The reports claimed that the market manipulation was done by funding two Mango Markets accounts and selling a large number of perpetual contracts.

After the events of the Mango Market scam, Eisenberg commented that all h ...

The post Mango Market Manipulator Has Been Arrested In Puerto Rico appeared first on Coin Edition.

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01-05-2024 10:45:17 (UTC+7)

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 EUR/USD1.0658↑ Sell
 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
 Natural Gas1.946↑ Sell
 US Coffee C213.73↑ Sell
 Euro Stoxx 504,920.55↑ Sell
 S&P 5005,035.69↑ Sell
 DAX17,921.95↑ Sell
 FTSE 1008,144.13Sell
 Hang Seng17,763.03↑ Sell
 Small Cap 20001,973.05↑ Sell
 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
 Bayer27.35↑ Sell
 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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