SEC files settled charges against Mango Markets operators
In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg that drained the platform of $100 million.
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In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg that drained the platform of $100 million.
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.
Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation.
Mango DAO distributed treasury funds to token holders through a buyback program, but critics claim it was done to benefit an FTX estate buyer.
Avraham Eisenberg, convicted of fraud and market manipulation in a $110 million Mango Markets heist, has been charged with possession of child pornography after discovering explicit images of minors on his electronic devices. (Read More)
Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn't have to pay back any more funds.
A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.
Applied game theorist Avraham Eisenberg is getting sued by Mango Labs for exploiting their protocol in October. He is already facing charges from the Department of Justice, Commodity Futures Trading...
The SEC said that Avraham Eisenberg manipulated MNGO and stole $116 million from the decentralized exchange.
Mango Markets hacker Avraham Eisenberg, who had previously claimed responsibility for the scheme, was charged with fraud and market manipulation
The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the United States District Court of Southern District
Avraham Eisenberg, the individual behind the $110 million exploit on Solana-based platform Mango Markets (MNGO/USD), has been denied bail and ordered to remain in custody pending his trial. According to court documents released on Wednesday, Puerto Rico District Court Judge Bruce McGiven noted that Eisenberg would remain in jail as the prosecution had proved the ... Read more
<p>The post Mango Markets exploiter denied bail | Invezz first appeared on CCNC.</p>
A United States Magistrate Judge determined that it was necessary to detain the Mango Markets exploiter before finishing the trial.
Eisenberg is the first person to be arrested by US authorities for manipulating a DeFi trading platform.
The post Exploiter Of $110m Defi Project Arrested In Puerto Rico appeared first on BitPinas.
Avraham Eisenberg left the U.S. and went to Israel a day after exploiting Mango Markets for $110 million.
Avi Eisenberg may have been too clever for his own good when he publicly revealed he was responsible for the Mango Markets exploit in October. It turns out the FBI...
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Avraham Eisenberg, who openly confirmed his exploit of cryptocurrency platform Mango Markets (MNGO/USD) in October, has been arrested. According to details in a complaint filed by United States Attorney Damian Williams at the Southern District of New York, Eisenberg was arrested on Monday in Puerto Rico. The US Department of Justice revealed the arrest on ... Read more
<p>The post Mango attacker arrested in Puerto Rico | Invezz first appeared on CCNC.</p>
The cryptocurrency trader accused of fraud in a $110 million allegation scam at Mango Markets has been detained in Puerto
Puerto Rico detained crypto trader Avraham Eisenberg for market manipulation and fraud. Eisenberg manipulated Mango Markets' MNGO token on October 11. He then obtained "large loans" on its inflated collateral, emptying Mango's treasury of about $110 million in different cryptocurrencies. (Read More)
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