United States District Court Issued an Order of Detention to Mango Markets Exploiter

The United States District Court for the District of Puerto Rico has issued an order of detention to the Mango Markets exploiter Avraham Eisenberg. After holding a detention hearing, United States Magistrate Judge Bruce McGiverin decided that it was necessary to detain Eisenberg. According to court documents, there is no condition of Eisenberg’s release.

In addition to this, the court also specified other reasons. This includes Eisenberg being subject to a lengthy period of incarceration if he gets convicted, has significant family or other ties outside of the United States and has an unverified background.

TokenInsight note, detention order is a court order. If a judge decides to issue a detention order, the defendant will remain in custody until the case is finished or if they are released through a bail review.

Source

Event

DeFi

In This Article

Related News
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum Wildcat, the decentralized credit platform built by Crypto Twitter mainstay Laurence Day, launches new version on Ethereum
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Radiant Capital hacker moves $52M in stolen funds Radiant Capital hacker moves $52M in stolen funds
Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham Tesla likely still owns $780M in Bitcoin despite recent shuffle: Arkham
Latest News More More
21 Hours Ago Daily Market Wrap | Aug. 08
1 Day Ago Daily Market Wrap | Aug. 07
2 Days Ago Daily Market Wrap | Aug. 06
3 Days Ago Daily Market Wrap: CFTC Crypto Push
4 Days Ago Daily Market Wrap: Project Crypto
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open