Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes By CoinEdition
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Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes- Bloomberg tweeted that crypto is not open to scammers and frauds, though it’s largely unregulated.
- The platform referred to the arrest of Avraham Eisengerg to corroborate its ideas.
- The US attorneys charged the man with commodities manipulation and fraud, after investigating the case in detail.
The latest tweet by the crypto analytic platform Bloomberg Markets showed that though crypto stays largely unregulated, it “offers no shield against alleged fraud”, referring to the arrest of the crypto trader, Avraham Eisenberg. The crypto trader is charged with fraud for stealing about $50 million worth of digital assets.
Earlier this week, the US Attorney’s Office in Manhattan, charged and arrested Eisenberg for exploiting the decentralized crypto exchange, Mango Markets.
According to the filing, Eisenberg has been charged with commodities fraud and commodities manipulation:
Eisenberg engaged in a scheme involving the intentional and artificial manipulation of the price of perpetual futures contracts on a c …
The post Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes appeared first on Coin Edition.
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Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes- Bloomberg tweeted that crypto is not open to scammers and frauds, though it’s largely unregulated.
- The platform referred to the arrest of Avraham Eisengerg to corroborate its ideas.
- The US attorneys charged the man with commodities manipulation and fraud, after investigating the case in detail.
The latest tweet by the crypto analytic platform Bloomberg Markets showed that though crypto stays largely unregulated, it “offers no shield against alleged fraud”, referring to the arrest of the crypto trader, Avraham Eisenberg. The crypto trader is charged with fraud for stealing about $50 million worth of digital assets.
Earlier this week, the US Attorney’s Office in Manhattan, charged and arrested Eisenberg for exploiting the decentralized crypto exchange, Mango Markets.
According to the filing, Eisenberg has been charged with commodities fraud and commodities manipulation:
Eisenberg engaged in a scheme involving the intentional and artificial manipulation of the price of perpetual futures contracts on a c …
The post Crypto Trader Arrested for Fraud: Crypto Offers No Shield to Crimes appeared first on Coin Edition.
See original on CoinEdition
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