Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer.
Mango Markets Exploiter Charged with Possession of Child Pornography
FBI Computer Analysis and Response Team agents first found the material during a search of Eisenberg’s devices in January 2023
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.
Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation
NEW YORK – A Manhattan jury has found crypto trader Avi Eisenberg guilty on fraud and market manipulation for his $110 million heist from decentralized finance protocol Mango Markets in October 2022.
Jury Begins Deliberations in $110M Mango Markets Fraud Trial
Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud.
Avi Eisenberg May Testify in $110M Crypto Fraud Trial, Defense Says
The crypto trader is facing up to 20 years in jail if convicted on all counts.
Crypto Trader Eisenberg’s $110M Fraud Trial to Put DeFi Under Microscope
The two-week trial will test the government’s strategy of portraying complex crypto trades as simple fraud.
Mango Markets Faces Regulatory ‘Inquiry’ Ahead of Eisenberg Crypto Fraud Trial
The decentralized crypto exchange (DEX) is facing “inquiries” in the United States stemming from an October 2022 heist, according to posts in the project’s Discord server. Now the DEX’s governing body, called MangoDAO, is voting on whether to appoint a representative who can triage “U.S. regulatory matters” on its behalf.
Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April
Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.
Crypto Trader Avi Eisenberg’s $110M Fraud Trial Delayed Until April 2024
Crypto trader Avi Eisenberg’s trial will start in April 2024 after defense and prosecutors agreed to delay the proceeding, first scheduled for December.
Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist
First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it’s having to spend big on lawyers to pursue suits and other remedies.
US Justice Department on the hunt for DeFi hackers and thieves: Report
The U.S. Justice Department’s top crypto cop said that it was a “pretty significant issue,” given the rise of North Korean “state-sponsored hackers.”
Crypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens
Only the pool for borrowing and lending SOL tokens would be impacted by the proposed changes.
DEX Mango Markets Will Alter Multi-Sig Feature to Mitigate Security Threats After $114M Exploit
Solana-based decentralized exchange Mango Markets has announced two new features ahead of its version 4 (v4) rollout, with focus on mitigating immediate security threats.
Accused Mango Markets Exploiter Wants to Keep $47M in Disputed Funds: Court Filings
Avraham Eisenberg claims that he need not return any more than the $67 million of the $114 million worth of tokens he gained using a complicated trading system.
Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’
Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn’t have to pay back any more funds.
Alleged Mango Markets exploiter waives bail during hearing in federal court
A federal judge presiding over Avraham Eisenberg’s criminal case has reportedly set a followup court date for Feb. 14.
Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack
Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.
Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial
A United States Magistrate Judge determined that it was necessary to detain the Mango Markets exploiter before finishing the trial.
10 crypto tweets that aged like milk: 2022 edition
Sam Bankman-Fried, Do Kwon and Alex Mashinsky might look back on this year and wish they had hired a social media adviser or logged off Twitter.