Disgraced FTX founder Sam Bankman-Fried and perpetuator of the 2022 Mango Markets exploit Avraham Eisenberg have been reunited in the Metropolitan Detention Center (MDC) in Brooklyn. Bankman-Fried returned to MDC after a series of transfers, while Eisenberg has been at the facility since November. Both individuals face legal troubles, with Eisenberg convicted of defrauding Mango Markets and awaiting sentencing, and Bankman-Fried appealing a 25-year sentence. The conditions of the Brooklyn facility have been criticized for their poor amenities, presenting challenges for inmates. The convergence of these two figures in the same correctional center adds a new chapter to their legal journeys.
Reunion of Disgraced FTX Founder and Mango Markets Exploiter in Prison (Summary)
by Giorgi Kostiuk
a year ago
0
Other news
SoftBank's Alleged $3 Billion Investment in OpenAI Data Centers Remains Unverified
Reports suggest that SoftBank plans to invest $3 billion in OpenAI data centers by November 2025, but official confirmations are lacking from SoftBank, OpenAI, or the Ohio government.
Speculative Nature of SoftBank's $3 Billion Investment in OpenAI
The absence of confirmation from primary sources leaves the potential impact of SoftBank's rumored investment uncertain.
Surge in New Crypto Coins Ahead of Market Cycle
Surge in new crypto coins as traders prepare for the next market cycle.
Institutional Control of XRP Supply Anticipated by 2030
Vincent Van Code's outlook suggests that major financial institutions could control a significant portion of XRP's supply by 2030.
GAIB Token Buyback Initiated Amid Partner Violations
GAIB token buyback initiated to stabilize market after external partners violated agreements by prematurely selling tokens.
Kalshi and Polymarket Lead the Prediction Market Sector
Kalshi and Polymarket continue to lead the prediction market sector with over $174 billion in trading volume since September.
Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter