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
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
BloFin Impresses at TOKEN2049 Singapore with Strong Vision for Rapid Expansion BloFin Impresses at TOKEN2049 Singapore with Strong Vision for Rapid Expansion
Cardano shifts to decentralized governance as Chang hard fork goes live Cardano shifts to decentralized governance as Chang hard fork goes live
Latest News More More
2 Days Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
2 Days Ago Fetch.ai launches $10M accelerator for AI agent startups
3 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
3 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
4 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open