$BTC In a dramatic turn for the crypto world, federal prosecutors in the U.S. are pushing for a heavy prison sentence against Avraham “Avi” Eisenberg—the man behind the infamous $110 million exploit of the decentralized exchange, Mango Markets.

Eisenberg, who gained headlines in 2022 after manipulating the platform’s price mechanism to drain millions in funds, was convicted in April 2024 on multiple charges: wire fraud, commodities fraud, and manipulation. If prosecutors have their way, Eisenberg could be facing 6.5 to 8 years in prison.