Prosecutors Seek Lengthy Sentence for Mango Markets Exploit Convict

U.S. federal prosecutors have requested a significant prison term for Avraham ‘Avi’ Eisenberg, convicted in 2024 for exploiting the decentralized exchange Mango Markets and causing $110 million in losses. The request was made on April 22nd, with prosecutors seeking a sentence ranging from 78 to 97 months, as detailed in court documents. They argue this is warranted given Eisenberg’s recent conviction on wire fraud, commodities fraud, and commodities manipulation charges related to the Mango Markets exploit. Eisenberg also faces separate child pornography charges and must answer for his actions through sentencing in May.