US prosecutors oppose Mango Market exploiter's motion for acquittal
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.
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Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.
The SEC said that Avraham Eisenberg manipulated MNGO and stole $116 million from the decentralized exchange.
Avraham Eisenberg left the U.S. and went to Israel a day after exploiting Mango Markets for $110 million.
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The last cycle saw it all – millions drained from DeFi, celebrities pumping and dumping tokens, ecosystems rising and falling.
Continue reading Crypto Halloween: Top 6 Scariest Incidents of the Last Bull Cycle at DailyCoin.com.
Avraham Eisenberg made “only” $100,000 from the coin that took him 30 minutes to create and deploy.
The proposal is live and will end on October 20. So far, 100% of voters have voted in favor.
The hacker returned $67M to the platform but kept $47M as a bounty reward, saying his actions were legal.
The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.
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