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Federal Judge Dismisses Key Charges Against Mango Markets Exploiter
Federal Judge Dismisses Key Charges Against Mango Markets Exploiter
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A federal judge has overturned major fraud charges against Avraham Eisenberg, the trader accused of exploiting DeFi platform Mango Markets. The court ruled that New York prosecutors failed to establish jurisdiction, as Eisenberg’s actions originated from Puerto Rico without sufficient ties to the Southern District of New York.
Judge Arun Subramanian dismissed two fraud convictions and a wire fraud charge, noting the absence of platform rules governing Eisenberg’s oracle manipulation strategy. The decision highlights jurisdictional challenges in prosecuting decentralized finance cases with cross-border elements.
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