Mango Markets Hacker to Face Up to 6.5 Years Imprisonment

Sequel to his May 1 sentencing date in New York, disgraced crypto trader, Sam Eisenberg, faces a potential prison term of up to 6.5 years for orchestrating the dramatic collapse of Mango Markets in 2022. The hack resulted in a staggering $100 million loss for users, with prosecutors accusing him of wire fraud, market manipulation, and commodities fraud. Despite agreeing to return $67 million in crypto following community intervention, Eisenberg allegedly retained over $40 million.