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
2 years ago
0
Other news
Morgan Stanley Expands Bitcoin Offerings
Morgan Stanley announces plans to enhance its Bitcoin and cryptocurrency services, moving towards native custody and an internal exchange platform.
Binance Expands Product Suite with Gold Futures Trading
Binance has introduced gold futures trading, allowing users 24/7 access to price exposure on gold.
Citi Plans to Integrate Bitcoin into Traditional Finance
Citi announces plans to introduce infrastructure for Bitcoin integration into traditional finance by 2026.
BNB Shows Resilience Despite Market Fluctuations
BNB shows technical resilience despite recent market volatility, maintaining a strong position above its 200-week moving average.
Hyperliquid Announces HIP6 Upgrade for Token Launches
Hyperliquid HYPE is preparing a significant upgrade known as HIP6, which will introduce a framework for permissionless, onchain token launches.
Ethereum Faces Volatility Around $2,000 Mark
Ethereum is experiencing heightened volatility as it hovers around the critical $2,000 threshold, with limited conviction in price stabilization.
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