The Daniel Patrick Moynihan U.S. Courthouse in the Southern District of New York, at 500 Pearl St. (Photo: Ryland West/ALM) Trader Convicted in First US Crypto Manipulation Case Moves for Acquittal
Avraham Eisenberg faces up to two decades behind bars for his $110 million heist.
August 07, 2024 at 01:27 PM
3 minute read
The original version of this story was published on New York Law Journal
What You Need to Know
- Trader Avraham Eisenberg was convicted in April of commodities fraud, commodities manipulation and wire fraud.
- Eisenberg, represented by Talkin, Mucigrosso & Roberts, filed a motion asking a federal district court in Manhattan to vacate the jury verdict and grant a new trial.
- U.S. District Judge Arun Subramanian, who presides in the Southern District of New York, instructed the Department of Justice to respond to the 77-page motion by Sept. 17.
The first person criminally convicted of cryptocurrency market manipulation filed a motion asking a federal district court in Manhattan to vacate the jury verdict and grant a new trial.
Sanford Talkin, a partner at Talkin, Muccigrosso & Roberts, is among the lawyers for the defendant, trader Avraham Eisenberg, who claimed the prosecution by the U.S. Department of Justice "suffered from a series of fundamental flaws, both legal and evidentiary," on its conviction of commodities fraud, commodities manipulation and wire fraud.
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