Avraham Eisenberg Found Guilty in $110 Million DeFi Scheme
Avraham Eisenberg is convicted of a $110 million fraud on Mango Markets, manipulating MNGO token prices and exposing DeFi vulnerabilities.
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Avraham Eisenberg is convicted of a $110 million fraud on Mango Markets, manipulating MNGO token prices and exposing DeFi vulnerabilities.
Avi Eisenberg found guilty of fraud and market manipulation in $110 million theft from Mango Markets. Verdict highlights need for stricter regulations in decentralized finance to combat fraudulent activities.
Crypto exchange Blockchain.com has raised $110 million in new funding — but it reportedly did so at a fraction of its previous valuation.
Despite publicly confessing to his actions, Eisenberg has pled not guilty to all charges.
Eisenberg's lawyers say that the Mango Labs filing lacks the likelihood of success.
The Solana-based decentralized exchange (DEX) Mango Labs sued Avraham Eisenberg for its “profitable trading strategy.”
Avraham Eisenberg has become the first U.S. resident to face charges for manipulating and draining $110 million from a DeFi protocol.
The Mango Markets exploiter is back—but this time, things might not be going as planned.
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