The Impact of Avraham Eisenberg’s Case on the Future of Crypto

The Impact of Avraham Eisenberg’s Case on the Future of Crypto



Many observers, and maybe a jury, will say Eisenberg is a legal and thief. And the reality sample – all seen on the blockchain, detailed by Eisenberg’s personal self-congratulatory tweets and described in SDNY’s legal criticism – signifies he did certainly violate the letter of the regulation that prohibits market manipulation. However, it’s simple to think about a state of affairs the place with out Eisenberg’s operation, the Mango protocol grows a lot bigger and attracts extra retail customers, and it’s North Korea, not Eisenberg, that exploits the protocol to empty person funds to pay for nuclear weapon improvement, not only a “highly profitable trading strategy.” In reality, in consequence of Eisenberg’s profitable Mango operation, different decentralized buying and selling platforms carried out new threat mitigation measures, and when Eisenberg went after Aave a couple of weeks later, he failed.



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