News Score: Score the News, Sort the News, Rewrite the Headlines

Crypto Trader’s Convictions Vacated in Mango Markets Fraud Case

A trader charged in the first US case tied to cryptocurrency manipulation won a legal challenge to overturn his convictions for exploiting Mango Markets rules to steal $110 million from the exchange. US District Judge Arun Subramanian on Friday vacated Avraham Eisenberg’s fraud and manipulation convictions and acquitted him of a third charge. The judge ruled that the trial evidence didn’t support the jury’s decision that Eisenberg had made false representations to Mango Markets, a decentralized ...

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines