"Jury Convicts Crypto Trader in $110 Million Mango Markets Fraud Case"

A federal jury in New York is deliberating on whether Avi Eisenberg manipulated the Mango Markets cryptocurrency exchange to steal $110 million or executed a legal trading strategy. Prosecutors argue that Eisenberg used fake trades to manipulate futures contracts and stole platform assets, while defense lawyers claim he followed exchange rules. The trial marks the first time a US jury will decide whether someone manipulated a crypto market, with jurors set to weigh charges including commodities fraud and wire fraud.