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Today's Top Crypto Headlines:
Mango Exploiter Jailed | Musk Slams WSJ | Worldcoin Launches US and more...
King Fatrick Gil Añasco
May 02, 2025
Good Morning Crypto Enthusiasts!
Glad to have you back for another edition of the UseTheBitcoin.com newsletter.
Mango Exploiter Gets Jail Time: Avraham Eisenberg, known for the 2022 Mango Markets exploit, was sentenced to 52 months in prison on unrelated charges.
Musk Denies WSJ CEO Report: Elon Musk slammed The Wall Street Journal for claiming Tesla’s board sought to replace him.
💡Feature of the Day - Worldcoin Launches in U.S.: Sam Altman’s Worldcoin launched in six U.S. cities with iris-scanning “Orb” devices.
All this and more in today’s headlines!
📰 News Highlights:
Avraham Eisenberg, known for exploiting Mango Markets in 2022, has been sentenced to 52 months in prison — not for crypto fraud, but for unrelated child abuse material charges.
Judge: He has autism, and 1274 items of CSAM material, including of a young corpse. [3 victim statements read] I Sentence uou to 52 months.
Defense: We request Otisville.
Story coming— Inner City Press (@innercitypress)
8:00 PM • May 1, 2025
His sentencing on the Mango Markets fraud case, which involves wire fraud and commodities manipulation after a $100 million exploit, remains pending.
OK - now at crypto sentencing of Avi Eisenberg. The courtroom is packed with family and supporters. Inner City Press covered the trial and will live tweet, thread below
— Inner City Press (@innercitypress)
7:16 PM • May 1, 2025
Eisenberg had argued the exploit was legal due to “open market actions,” but a jury found him guilty in April 2024.
🎁Freebie:
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Elon Musk criticized The Wall Street Journal for falsely claiming Tesla’s board sought to replace him as CEO due to political distractions and split attention.
It is an EXTREMELY BAD BREACH OF ETHICS that the @WSJ would publish a DELIBERATELY FALSE ARTICLE and fail to include an unequivocal denial beforehand by the Tesla board of directors!
— Elon Musk (@elonmusk)
5:38 AM • May 1, 2025
Musk labeled the article a “deliberate lie,” echoing similar criticisms from Binance and Tether executives who accused WSJ of biased reporting.
Earlier today, there was a media report erroneously claiming that the Tesla Board had contacted recruitment firms to initiate a CEO search at the company.
This is absolutely false (and this was communicated to the media before the report was published).
The CEO of Tesla is
— Tesla (@Tesla)
5:23 AM • May 1, 2025
The controversy joins other WSJ clashes with crypto leaders like CZ and Tether, who accuse the outlet of smearing them with misleading and unethical journalism.
WSJ is really TRYING here. They seem to have forgotten who went to prison and who didn't. 🤯
People who become gov witnesses don't go to prison. They are protected.🤷♂️
I heard someone paid WSJ employees to smear me.😅
— CZ 🔶 BNB (@cz_binance)
11:25 AM • Apr 12, 2025
💡 Feature of the Day:
Sam Altman’s crypto project World (formerly Worldcoin) has officially launched in six U.S. cities, using Orb devices to scan users’ eyes and faces to verify human identity.
The initiative aims to combat bots and fraud in the AI era by issuing World ID credentials and WLD tokens upon verification.
World is live in the USA. Verify your World ID in six key cities now.
— World (@worldcoin)
4:05 AM • May 1, 2025
The rollout includes partnerships with Visa for a crypto card and Match Group to integrate identity checks into dating apps.
😂 Crypto Meme of the Day:
Meme of the day provided by @dextrade_
And that’s it for this today.
See you all tomorrow’s edition!
Jonathan Gibson
UseTheBitcoin.com