Mango Markets Fraudster with New Child Porn Charges

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Avraham Eisenberg, previously convicted of a $110 million fraud involving the Mango Markets DeFi protocol, is now facing charges of possessing child pornography, according to recent court documents. This development adds a grave dimension to the criminal proceedings against Eisenberg.

The allegations emerged from a court document filed on April 3 and released to the public on April 26. The document accuses Eisenberg of having images featuring prepubescent minors, some under the age of 12, on his electronic devices. These disturbing findings were initially uncovered during an FBI investigation into Eisenberg’s involvement in market manipulation and fraud.

Investigation Details

During the preliminary investigations related to his financial crimes in 2022, the FBI found the illicit images on Eisenberg’s laptops and cell phones. This led to a secondary warrant issued in February 2023, allowing an extended search of his digital assets. The charges detail that Eisenberg had been in possession and had transferred child pornography from 2017 to 2022.

Also Read:20-Year Sentences Proposed in Taiwan’s ACE Exchange Fraud

Potential Consequences

If convicted of these charges, Eisenberg faces up to 10 years in prison for the possession of child pornography, a sentence that compounds his legal woes as he also faces up to 20 years for his previous fraud convictions. These developments suggest a deepening legal battle for Eisenberg, who has been in U.S. custody since his arrest in Puerto Rico in December 2022.

The severity of the charges and the ongoing legal proceedings paint a complex picture of the challenges faced by regulatory and law enforcement agencies in tackling crimes that span both digital finance and severe personal misconduct.

Raj Sharma
Raj Sharma
I have been involved in the blockchain industry for over 5 years and have an extensive understanding of the technology. My career in cryptocurrency started with writing articles about blockchain technology and its use cases for various publications.

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