Mango Attacker Avraham Eisenberg Arrested in Puerto Rico, Faces Merchandise Fraud and Merchandise Manipulation Charges

Mango attacker Avraham Eisenberg, who was previously identified, was arrested in Puerto Rico on Monday, CoinDesk reported. Avraham Eisenberg faces charges of merchandise fraud and merchandise manipulation, charges that could be punished with fines and prison terms. According to the complaint, Eisenberg manipulated the price of perpetual contracts on Mango Markets’ native token, MNGO, by selling himself a large number of MNGO perpetual contracts, driving up the price of those contracts by 1,300% in less than an hour, Eisenberg then borrowed against the value of his position and “withdrawn essentially all of the cryptocurrency deposits on the Mango Markets platform.” According to the complaint, he made $110 million.