Feds Rest In $110M Mango Markets Trial Of Crypto Trader

[Gunnar Larson]

Feds Rest In $110M Mango Markets Trial Of Crypto Trader
<https://www.law360.com/capitalmarkets/articles/1825011?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_main=1&nlsidx=0&nlaidx=0>

By Stewart Bishop

Manhattan federal prosecutors on Friday rested their case against a crypto
trader accused of stealing $110 million from Mango Markets investors by
pumping the price of the exchange's native token, while the defense argued
that the government had failed to show that the crypto derivatives at issue
were swaps as alleged in the indictment.

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<https://www.law360.com/capitalmarkets/articles/1825011?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-04-15&read_more=1&nlsidx=0&nlaidx=0>
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