DeFi Trader Eisenberg ‘Wasn’t Borrowing, He Was Stealing,’ Prosecutor Says in Opening Argument

NEW YORK – To federal prosecutors, Avi Eisenberg’s $110 million crypto trade on Mango Markets put a digital twist on an old scam. But to the DeFi trader’s defense team, it was a legitimate windfall from the risky world of crypto, where finance’s old rules don’t apply.