Mango Markets Exploiter Thought a DAO Protected Him. Then U.S. Courts Showed Up

Mango Labs' $47 million civil suit against crypto trader Avraham Eisenberg is a case study in how the ideals of crypto governance and DAOs take a backseat to real-world contracts law.

Timeline of Mango-markets

Mango Markets has sued Avraham Eisenberg, the individual behind the attack on the Solana-based DeFi protocol.  Mango Markets has filed for $47 million in damages and marks the 4th lawsuit to hit Eisenberg in relation to the attack on the DeFi protocol.

Mango Labs, the firm behind Mango Markets, has sued exploiter Avraham Eisenberg. The Jan. 25 complaint says Einseberg misused its platform for millions of dollars in cryptocurrency in 2022.

The DeFi platform Mango Markets' parent company has decided to file a lawsuit against its trader. He allegedly manipulated the market price of the MNGO token and made over $114 million in revenue.

The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto trading platform Mango Markets. The defendant has been arrested and is currently detained in Puerto Rico. Mango Markets Manipulator Arrested, Detained The U.S.

The Securities and Exchange Commission (SEC) has charged Avraham Eisenberg, a 27-year-old U.S. citizen who was arrested and detained at MDC Guaynabo, Puerto Rico, with attempting to manipulate MNGO tokens – the native token of Mango Markets.

The United States Securities and Exchange Commission (SEC) has joined the Commodity Futures Trading Commission (CFTC) and other regulatory bodies in bringing charges against a cryptocurrency user who allegedly orchestrated an illicit scam that cost Mango Markets millions of dollars. On Jan.

The United States Securities and Exchanges Commission (SEC) has joined other federal agencies in charging Avraham Eisenberg – a crypto trader. The crypto trader has come under the scrutiny of the regulators for his activity on Mango Markets, a crypto trading platform.

The U.S. Commodities and Futures Trading Commission has brought its own charges against Mango Markets exploiter Avraham Eisenberg. Eisenberg carried out a $110 million exploit in October 2022.

The US Commodity Futures Trading Commission (CFTC) brought fraud and market manipulation charges against Avraham Eisenberg, who publicly admitted his role in draining over $110 million in digital assets from decentralized crypto exchange Mango Markets.

CFTC follows US prosecutors in filing a case against Avraham Eisenberg, who allegedly manipulated swaps on the Solana-based decentralized exchange Mango Markets. The Commodity Futures Trading Commission (CFTC) filed its complaint on Jan. 9.