COINDESK DAILY: Eisenberg's $110M Fraud Trial Opens; FSI Calls for Consistency in Stablecoin Regulation
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 9 April 2024
⏱️ 3 minutes
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| 0:51.6 | According to CoinDesk Indices data, Ether prices rallied to $3,600, while Bitcoin remained around $71,000. |
| 1:00.0 | Each Bitcoin bearing performance could be attributed to continued market interest in decentralized finance protocol, Athena, which has seen its total value locked, crossed the $2.2 billion mark over the last few days after |
| 1:12.7 | crossing $2 billion on April 6th. This may be purely a rally based on token demand rather than |
| 1:18.8 | the hope for an ether spot ETF approval in the near future. Betters on Polly Market see a |
| 1:24.5 | 16% chance of a spot ether ETF being approved by the end of May and only a 16% chance of a spot ether ETF being approved by the end of May |
| 1:28.6 | and only a 45% chance of it being approved by the end of June. |
| 1:34.0 | Cryptotrater Eisenberg's criminal fraud and manipulation trial will open on Tuesday. |
| 1:39.7 | The trial is expected to run for two weeks and will determine whether Eisenberg broke the law |
| 1:44.0 | when he deployed |
| 1:44.7 | a self-described highly profitable trading strategy that crippled mango markets in October |
| 1:50.3 | 2022. Eisenberg is accused of illegally gaming mango markets futures contracts by manipulating |
| 1:56.3 | the price of the mango token and then borrowing effectively all of Mango's deposits against his |
... |
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