Prosecutors wrapped up their trial of Avi Eisenberg, 28, by arguing Wednesday he used fake trades of Mango’s token, known as MNGO, to manipulate futures contracts on Oct. 11, 2022, which boosted the value of swaps by 1,300% in 20 minutes. He then allegedly stole platform assets by “borrowing” against those inflated contracts on the exchange. Get More Information

Jurors deliberated for about an hour Wednesday before ending for the day without a verdict. On Thursday, they will resume weighing the charges against Eisenberg — commodities fraud, commodities manipulation and wire fraud.