In New York, Avraham “Avi” Eisenberg, responsible for exploiting the Mango Markets and stealing $110 million in 2022, was sentenced to 52 months in prison following a guilty plea to possession of child sexual exploitation materials, not for his previous crypto theft. The sentencing was given a year after a jury found him guilty of multiple fraud charges related to the Mango Markets incident.

Key Points:

• Eisenberg’s plea involved charges for possessing child sexual abuse material (CSAM), found on devices post-arrest.
• He was already convicted last year on wire fraud and related charges regarding his activities with the decentralized finance protocol.

Sentencing Details:

Judge Arun Subramanian noted the proposed sentence of over four years at FCI Otisville, while leaving room for reconsideration on the fraud charges. Despite defense requests for a retrial, the judge emphasized the need for a paragraph of deterrence against distributing CSAM materials. Eisenberg will serve probation with strict conditions after release, including monitoring and outpatient drug programs.