"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as ether rallied to near $3,600 during the early hours of the East Asia trading day.What caused its price movement. And a study calls for more consistent stablecoin regulations. You're watching Coindesk Daily, I'm your host, Jen Sani. According to Coindesk indices, data, ether prices rallied to $3600 while Bitcoin remained around 71,000.
The trial is expected to run for two weeks and will determine whether Eisenberg broke the law when he deployed a self described highly profitable trading strategy that crippled mango markets in October 2022. Eisenberg is accused of illegally gaming mango markets futures contract by manipulating the price of the Mango token and then borrowing effectively all of Mango's deposits against his position. He walked away with 100 and $10 million in cryptocurrencies.
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Utah man sentenced for wire fraud during pretrial release for separate wire fraud caseA Midvale, Utah, man was sentenced for a wire fraud case he committed while awaiting trial for a separate wire fraud case.
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