By Matthew Russell Lee, Patreon Maxwell Book
SDNY COURTROOM EXCLUSIVE, Jan 30 - In the U.S. District Court for the Southern District of New York on December 27, 2022 a complaint was ordered unsealed charging Avraham Eisenberg with commodities fraud. He was arrested in Puerto Rico.
Inner City Press is covering the case(s), often as the only media in the Mag Court. Related Mag Court live-tweeted thread (more on Patreon here) vlog here
On January 9, Inner City Press came across the CFTC case against Eisenberg, just filed (still with no title in PACER) and put it out on Patreon here. The 21-page civil complaint is, as is often the case, more detailed...
The same day the criminal complaint was unsealed, Inner City Press repeatedly checked the SDNY Magistrates Court but it was locked. But the complaint in this case charges that Eisenberg "engaged in a scheme involving the intentional and artificial manipulation of the price of perpetual futures contracts on a cryptocurrency exchange called Mango Markets... which has its own native crypto token called MNGO."
The unsealed complaint is now on Patreon here
On January 30, 2023, District Judge Liman held a hearing on Mango Labs LLC's order to show cause - but no one was there for Eisenberg. In fat, Inner City Press was the only person in the courtroom gallery. Here's some tweets:
Now in court for Mango Labs v Avraham Eisenberg - who has no lawyer here. Mango's rep says his criminal lawyer said no authorized to appeal, reps 90% of $114 lost, insured by a DAO. Judge has questions
Mango's rep tells judge Eisenberg is an "algorythmic crypto trader" who pretended to be a Ukrainian woman. Judge: So it's like securities fraud Counsel: Except these digital assets and not securities
Mango's lawyer: Eisenberg used FTX...now uses OKX... there is software to mix and wash the crypto assets... Judge: I'm prepared to grant your temporary restraining order, you should notify DOJ, if they want to intervene
There's more detail on Patreon here.
Inner City Press will have more on these cases.
The criminal case is US v. Eisenberg, 23-cr-10 (Berman)
The CFTC case is Communities Futures Trading Commission v. Eisenberg, 23-cv-173 (Schofield)
The Mango Labbs civil case is Mango Labs, LLC v. Eisenberg, 23-cv-665 (Liman)
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