While Tron's legal team attempt to steer clear from accusations that Justin Sun was behind entities promoting an illegal money-making scheme, the SEC was quick to poke holes in the argument.
Avraham Eisenberg’s trial was set to start in December, but his lawyers successfully argued to have the case pushed to April 2024 despite prosecutors’ objections.
The filing by Mango Labs accuses Eisenberg of a “brazen attack” involving conversion, fraudulent misrepresentation and unjust enrichment and seeks $47 million in damages, plus interest.
Avraham Eisenberg faces another charge tied to alleged fraud and market manipulation, this time brought by the U.S. securities regulator, which reiterated won't tolerate individuals or entities violating the securities laws.
The complaint levied against Eisenberg charges him with two crimes: commodities fraud and commodities manipulation.
Mango Markets is a Solana-based exchange governed by a decentralized autonomous organization (DAO) made up of holders of its native token, MNGO.
