EUR/USD 1.15211
-0.019%
Gold 4259.04
0.438%
Oil 77.150
-0.286%
USD/JPY 158.397
-0.028%
GBP/USD 1.34510
-0.017%
GBP/JPY 213.063
-0.051%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to the Philippine Institute of Volcanology and Seismology, a 5.8-magnitude earthquake struck near Occidental Mindoro province in the Philippines at approximately 10:38 a.m. on August 7, with a focal depth of 10 kilometers.August 7th - TSMC has achieved a breakthrough in next-generation technology, successfully developing a high-performance monolayer molybdenum disulfide (MoS2) top-gate transistor in collaboration with a team from National Chiao Tung University, which could help push the limits of Moores Law. The findings were published in the journal *Nature Electronics*.On August 7th, it was learned from the Anhui Provincial Key Laboratory of Quantum Computing Chips that a joint research team from Origin Quantum and the University of Science and Technology of China has successfully solved the long-standing problem of the trade-off between speed and fidelity in superconducting quantum computing by proposing the innovative "Parameter Space Extended Controlled Phase Gate (PSE-CZ)" scheme. This allows a two-qubit quantum gate to significantly improve accuracy while maintaining high speed. The relevant results have been published in the top international physics journal *Physical Review Letters*, and experimental verification was completed on my countrys independently developed superconducting quantum computer, "Origin Wukong".Hong Kong-listed stocks related to large-scale modeling continued to rise, with MINIMAX-W (00100.HK) up nearly 25% and Zhipu (02513.HK) up over 17%.Chinas total imports in July amounted to 1,945.44 billion yuan, compared to 1,961.62 billion yuan in the previous month.

U.S. charges accused Mango crypto manipulator with fraud

Skylar Shaw

Dec 28, 2022 14:24

微信截图_20221228095621.png


Avraham Eisenberg allegedly used trading in futures connected to Mango's cryptocurrency token MNGO to extract $110 million in cryptocurrencies from other investors' accounts with no apparent plan to pay back the money, according to a lawsuit made public on Tuesday in Manhattan federal court.


Eisenberg could not be contacted right away for comment, and it is unknown whether he is represented by counsel.


Mango is a decentralized cryptocurrency exchange hosted by Mango DAO that enables investors to trade bitcoin assets using leverage, lending, borrowing, swapping, and swapping.


According to the complaint filed on December 23 and authored by FBI Special Agent Brandon Racz, Eisenberg utilized two accounts simultaneously on October 11 to acquire and sell futures based on the relative prices of MNGO and the stablecoin USD Coin (USDC).


According to the accusation, Eisenberg fraudulently inflated the value of MNGO in relation to USDC by acting on both sides of the transaction, enabling him to borrow and then withdraw $110 million in various cryptocurrencies.


Soon after starting talks with Eisenberg, Mango came to a $67 million settlement.


A forum post at the time said that "all mango depositors will be made whole," and that token owners who support the settlement promise not to "pursue any criminal investigations or freezing of monies after the tokens are handed back."


According to the lawsuit, Eisenberg assumed ownership of the trade and tweeted on October 15 that "the exchange this took occurred on, Mango Markets, fell bankrupt."


The developer team may not have completely anticipated all the effects of setting parameters the way they are, but I think all of our activities were lawful open market actions utilizing the protocol as intended, he said in another tweet.


Mango couldn't be contacted right away for comment. Requests for comment from the Manhattan office of U.S. Attorney Damian Williams were not immediately fulfilled.


Eisenberg is the defendant in U.S. v. Eisenberg, case number 22-mj-10337 in the Southern District of New York.

Suggestion