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PANews news on June 15, according to Bloomberg News, U.S. District Judge Richard Berman in Manhattan announced that Mango Markets attacker Avraham Eisenberg will be charged with criminal trial on December 4. He was charged with commodity fraud, commodity manipulation and wire fraud. plead not guilty. Eisenberg faces up to 20 years in prison on wire fraud charges.


According to previous news, Eisenberg made a profit of US$114 million in 20 minutes by illegally manipulating the price of MNGO, the governance token of Mango Markets, in October last year. After that, he returned US$67 million, but refused to return the remaining funds. He was arrested in Puerto Rico last December and charged by U.S. prosecutors, and subsequently charged by the U.S. Commodity Futures Trading Commission (CFTC) and the U.S. Securities Commission (SEC). On January 26 this year, Mango Labs sued Avraham Eisenberg, aiming to recover all losses. The prosecution's criminal case against it is currently pending, while the civil case has been put on hold.
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