Lawyers representing the defendant in the $116 million
#MangoMarkets fraud case have successfully persuaded the judge to postpone the trial until April 8, 2023.
#AvrahamEisenberg , who had confessed to his involvement in the Mango Markets exploit, was initially set for trial on December 4, but his legal team cited multiple factors affecting trial preparations. They argued that they needed more time to analyze voluminous discovery materials provided by U.S. prosecutors and mentioned difficulties due to Eisenberg's transfer to the Metropolitan Detention Center in Brooklyn. The judge granted the continuance despite opposition from U.S. prosecutors and ordered both sides to submit a revised pretrial schedule by November 7. Eisenberg faces charges of commodities fraud, commodity manipulation, and wire fraud, despite his earlier confession.
#cryptofraud