Just saw that the fraud charges against Avraham Eisenberg from the Mango Markets case got dismissed by a US judge. Apparently the evidence wasn't strong enough to prove he actually manipulated anything. The judge basically said Mango Markets was decentralized and automatic, so there wasn't solid proof of fraud. This is wild because the CFTC had been pushing these charges since early 2023. Eisenberg had claimed he was just running a profitable trading strategy and made over 67 million from it before returning funds to the Solana platform. His trial finally happened in 2024 after delays. He's still facing civil suits from the SEC and CFTC though, and there's always a chance charges could be refiled. Interesting timing with the current administration being more lenient on crypto cases. Wonder if this sets a precedent for other cases.

SOL5.38%
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