Why Changpeng Zhao Remains Free Despite a Prison Sentence
Changpeng Zhao's prison start is delayed as authorities assess Seatac's suitability; his high-powered legal team also contributes to the postponement.

Changpeng Zhao's prison start is delayed as authorities assess Seatac's suitability; his high-powered legal team also contributes to the postponement.
Avraham Eisenberg is convicted of a $110 million fraud on Mango Markets, manipulating MNGO token prices and exposing DeFi vulnerabilities.
Avi Eisenberg found guilty of fraud and market manipulation in $110 million theft from Mango Markets. Verdict highlights need for stricter regulations in decentralized finance to combat fraudulent activities.
Prosecutors are advocating for a lengthy prison term and an $11 billion judgment against Sam Bankman-Fried, former CEO of FTX, following his conviction for fraud. The case underscores the severity of financial misconduct in the cryptocurrency world, highlighting the need for accountability and caution.
Amir Hossein Golshan, a 25-year-old Los Angeles resident, has been sentenced to 96 months in federal prison for orchestrating various scams, including "SIM swapping" to hijack Instagram accounts. Golshan's schemes, resulting in over $1.2 million in losses, involved impersonating individuals, fraudulent advertising, and exploiting two-step authentication vulnerabilities, showcasing the escalating sophistication of digital fraud.
Former Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.
Despite publicly confessing to his actions, Eisenberg has pled not guilty to all charges.
Eisenberg's lawyers say that the Mango Labs filing lacks the likelihood of success.
The Solana-based decentralized exchange (DEX) Mango Labs sued Avraham Eisenberg for its “profitable trading strategy.”
The Mango Markets exploiter is back—but this time, things might not be going as planned.