A Crypto Market For $100 Million|He Was Borrowing Against Inflated Contracts
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 […]