Mango Markets Exploiter Eisenberg Arrested in Puerto Rico

Avraham Eisenberg's “highly profitable trading strategy” did not sit well with federal agents. Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” depleted DeFi trading platform Mango Markets of $110 million in cryptocurrency, was arrested Monday in Puerto Rico, according to court documents.

Timeline of Mango-markets

The Mango Markets hacker previously referred to his attack on the cryptocurrency exchange as “legal open market actions.” The crypto trader responsible for the $110 million Mango Markets hack has been arrested in Puerto Rico and charged with market manipulation and fraud.

Avraham Eisenberg, the man responsible for the exploitation of Mango Markets, has been arrested in Puerto Rico. The self-proclaimed game theorist led a $110 million exploit on the decentralized exchange back in October.

The United States Department of Justice announced the arrest of Mango Markets exploiter Avraham Eisenberg in Puerto Rico. The post Alleged Mango Markets Exploiter Placed in Custody in Puerto Rico appeared first on BeInCrypto.

The United States prosecutors have arrested Avraham Eisenberg, who admitted to draining decentralized finance (DeFi) protocol Mango Markets with his “highly profitable trading strategy.” According to a court filing, he was arrested on Monday in Puerto Rico.

Avraham Eisenberg, a crypto trader, was arrested on Monday in Puerto Rico for using his "highly profitable trading strategy" to siphon off digital assets worth $110 million from the decentralized finance (DeFi) trading platform Mango Markets.  What Happened: Eisenberg has been charged with fraudulent and manipulative activities with respect to Mango Markets, the complaint reveals.

Key Points: Avraham Eisenberg has been detained by federal authorities in Puerto Rico for using the decentralized exchange Mango Markets illegally, and charges have been filed against him in the U.S. District Court for the Southern District of New York.

United States officials have filed criminal charges against Avraham Eisenberg, who exploited the DeFi platform Mango Markets earlier this year. The post U.S. officials arrest and charge Mango attacker appeared first on CryptoSlate.

U.S. authorities have arrested Avraham Eisenberg, who came forward as the Mango Markets exploiter in October.  The post Mango Markets exploiter arrested in Puerto Rico for alleged market manipulation appeared first on The Block.

Two Solana-based protocols have taken initial steps to reopen their services after the Mango Markets exploit. The post Solana projects reopen after getting funds back from Mango Markets appeared first on The Block.

Avraham Eisenberg, aka the Mango Markets “hacker,” boasted on Twitter about his most recent endeavour – Mango Inu – A meme coin based on Eisenberg's infamous Mango Markets attack. However, a few days after announcing the initiative, Eisenberg made it apparent on Twitter that anyone who invested would “certainly lose all your money.