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Avraham Eisenberg trial: latest developments in $100 million Mango Markets manipulation case
In a major development for the cryptocurrency industry, the trial of Avraham Eisenberg, accused of manipulating $100 million at Mango Markets, has begun in a federal court in New York.
Details of the Mango Markets scandal
In his opening statement filed by Assistant U.S. Attorney Tian Huang, Eisenberg’s actions on October 11, 2022, were characterized as fraud and market manipulation.
Huang outlined how Eisenberg inflated the value of the exchange’s MNGO token by 1,000% in just 20 minutes and exploited the platform by convincing Mango Markets that he had vast amounts of capital.
Details of the Mango Markets scandal
In his opening statement filed by Assistant U.S. Attorney Tian Huang, Eisenberg’s actions on October 11, 2022, were characterized as fraud and market manipulation.
Huang outlined how Eisenberg inflated the value of the exchange’s MNGO token by 1,000% in just 20 minutes and exploited the platform by convincing Mango Markets that he had vast amounts of capital.
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Rebirth: I am a black-hearted project party!
I am a black-hearted project owner!!!
The Telegram project is very popular recently! How to catch the trend and make millions?
I will start a telegram game, and then spread fake news, announcing that an unknown private equity fund invested 5 million US dollars in me. In fact, it is fake. Then I will find a bunch of KOLs to help me promote it. I will tell you that I will give 20% of the invitations to airdrop tokens, and promise that 60% of the total amount will be used for airdrops!
Then I made a first deposit. If you don't make the first deposit, your income will be 5 times lower. The first deposit is not expensive, only 1u. A total of 300,000 people made the deposit, and I got 300,000 dollars! I made another 6.6u recharge for the automatic harvesting function. I got another 600,000 dollars. Then I took ads every day. Want to upgrade? Watch the ads! After watching the ads, you will get 3 times the income in the next 10 minutes! In the most popular month, the advertising income was 300,000 dollars.
The Telegram project is very popular recently! How to catch the trend and make millions?
I will start a telegram game, and then spread fake news, announcing that an unknown private equity fund invested 5 million US dollars in me. In fact, it is fake. Then I will find a bunch of KOLs to help me promote it. I will tell you that I will give 20% of the invitations to airdrop tokens, and promise that 60% of the total amount will be used for airdrops!
Then I made a first deposit. If you don't make the first deposit, your income will be 5 times lower. The first deposit is not expensive, only 1u. A total of 300,000 people made the deposit, and I got 300,000 dollars! I made another 6.6u recharge for the automatic harvesting function. I got another 600,000 dollars. Then I took ads every day. Want to upgrade? Watch the ads! After watching the ads, you will get 3 times the income in the next 10 minutes! In the most popular month, the advertising income was 300,000 dollars.
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The mental journey of swindling
1. Swindling novice: Watch videos and tweets every day, learn swindling techniques, and fantasize that one day I can swindle a big swindle and become rich overnight.
2. Swindling beginner: Swindling crazily every day, especially anxious, afraid of missing any opportunity. Doing all kinds of tasks crazily, so much so that I can't remember how many tasks I have done.
3. Swindling player: Only follow big bloggers or choose some more reliable projects to swindle, strive to get a return for every effort and investment, and clearly know what projects I have done.
4. Swindling master: Only pick a few projects, only find the top projects and swindle hard. As long as you swindle, everything will come.
5. Swindling king: Automation, cost control, rule response are handy, and the most important thing is that through previous efforts, a certain amount of wealth has been accumulated, and you can take a lot of risks.
---
The above are all jokes, in fact, I have also followed many big bloggers for a long time. At the beginning, I was really afraid of missing any opportunity, and I always felt that hard work will bring rewards.
But some top bloggers, today they play this NFT, tomorrow they buy that pass, the day after tomorrow they participate in this project, the day after tomorrow they do this task. After several years of playing, they spent a lot of gas fees, but did not get any money, and many projects ran away.
So I don’t recommend you to play everything and do everything. I only have one suggestion: find the top projects and get in. Like the previous top projects, basically they have submitted satisfactory answers, while the second-rate projects are mostly pure PUA, and the input and return are difficult to be proportional!
Whether it is work or playing, it’s the same to do anything. You feel very tired, but you don’t find the right posture. When the posture is right, the feeling will come!
#ZKsync空投争议 #项目操纵 #撸毛技巧 #投资建议 #CRV $BTC $ETH $BNB Add G G Don't get lost, follow the footsteps of Master K who is in trouble! It only takes 60 seconds a day to get the latest interesting news, gain an in-depth understanding of the real blockchain world, and play the new trend of cryptocurrency. 🔥🚀🤑
1. Swindling novice: Watch videos and tweets every day, learn swindling techniques, and fantasize that one day I can swindle a big swindle and become rich overnight.
2. Swindling beginner: Swindling crazily every day, especially anxious, afraid of missing any opportunity. Doing all kinds of tasks crazily, so much so that I can't remember how many tasks I have done.
3. Swindling player: Only follow big bloggers or choose some more reliable projects to swindle, strive to get a return for every effort and investment, and clearly know what projects I have done.
4. Swindling master: Only pick a few projects, only find the top projects and swindle hard. As long as you swindle, everything will come.
5. Swindling king: Automation, cost control, rule response are handy, and the most important thing is that through previous efforts, a certain amount of wealth has been accumulated, and you can take a lot of risks.
---
The above are all jokes, in fact, I have also followed many big bloggers for a long time. At the beginning, I was really afraid of missing any opportunity, and I always felt that hard work will bring rewards.
But some top bloggers, today they play this NFT, tomorrow they buy that pass, the day after tomorrow they participate in this project, the day after tomorrow they do this task. After several years of playing, they spent a lot of gas fees, but did not get any money, and many projects ran away.
So I don’t recommend you to play everything and do everything. I only have one suggestion: find the top projects and get in. Like the previous top projects, basically they have submitted satisfactory answers, while the second-rate projects are mostly pure PUA, and the input and return are difficult to be proportional!
Whether it is work or playing, it’s the same to do anything. You feel very tired, but you don’t find the right posture. When the posture is right, the feeling will come!
#ZKsync空投争议 #项目操纵 #撸毛技巧 #投资建议 #CRV $BTC $ETH $BNB Add G G Don't get lost, follow the footsteps of Master K who is in trouble! It only takes 60 seconds a day to get the latest interesting news, gain an in-depth understanding of the real blockchain world, and play the new trend of cryptocurrency. 🔥🚀🤑
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The dog developers made a lot of money on memeficlub, 90% returned to the community, tears wet the lapels, clicked for months with tears, it is better to invest a few dollars, the project party opened champagne and fried leeks $TON $DOGS #项目操纵 #韭菜 #BNBChainMemeCoin