Tags: Puerto Rico

Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.

“The noose is tightening” for wealthy Americans suspected of exploiting Puerto Rico’s relaxed tax regime.

Staking and exporting crypto services qualify for the tax rate.

Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit last October, a Puerto Rico judge said.