According to Cointelegraph, US District Judge Arun Subramanian has dismissed Eisenberg's charges of commodity fraud and market manipulation. The judge ruled that the evidence provided during the trial was insufficient to support the jury's conclusion that Avraham Eisenberg made significant false statements to Mango Markets. Eisenberg was convicted of telecommunications fraud, commodity fraud, and commodity manipulation in April 2024 for profiting $110 million in 2022 by exploiting vulnerabilities in the decentralized exchange Mango Markets.
Previously, US prosecutors demanded a sentence of at least 6.5 years in prison for the Mango Markets attackers.
According to BlockBeats, on May 24th, according to on chain data analyst Yu Jin's monitoring, James Wynn, a giant whale, has once again reduced his BTC long position by a small margin, reducing it from $1.188 billion to $1 billion. The specific information is as follows:
·40x+9282 BTC, worth $1 billion · opening price $109190 · clearing price $103957
According to official data, in the seven days ending May 22, Circle issued approximately 4.3 billion USDC, redeemed approximately 3.5 billion USDC, and increased circulation by approximately 800 million pieces. The total circulation of USDC is 61.3 billion pieces, with reserves of approximately 61.5 billion US dollars, including cash of approximately 8.1 billion US dollars, and Circle Reserve Fund holding approximately 53.5 billion US dollars.
Foresight News reported that Solana officially launched a new verification service called Solana Attestation Service (SAS), which can be used to verify any content and is intended to provide a trust layer for the Internet capital market. SAS allows off chain data to be associated with any Solana wallet, and applications can now verify information such as KYC/identity verification, investor authentication, and on chain reputation, while maintaining privacy through signature verification.