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.
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.
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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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)
The attacker made close to $6.9 million in profits and left users with a pile of bad debt.
Solanas Mango Markets and Solend have both come under attack in recent weeks. Solana DeFi Attacked Again Another Solana DeFi protocol has been exploited. Solend, a lending and borrowing protocol...
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.
Avraham Eisenberg is at it again, following up his exploit of Mango Markets by deploying a new 'shitcoin' named Mango Inu to purportedly swipe liquidity from bot traders.
The proposal is live and will end on October 20. So far, 100% of voters have voted in favor.
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