Binance and related parties submitted a government document unrelated to the case of Mango Markets developer Abraham Eisenberg, who was convicted by a jury on April 18th. Binance's defense team drew attention to a specific paragraph in which the US government expressed its position on whether the specific stablecoin USDC is a security.

Mango Markets, a blockchain-based trading protocol, is struggling to afford growing legal expenses after being raided for over $100 million by alleged crypto market manipulator Avi Eisenberg. Mango Labs, the main company building the Solana blockchain-based exchange, has burned through nearly $2 million of its 2023 budget and is now asking members of Mango DAO to approve another $2 million for legal expenses. However, Mango DAO voters have rejected the funding request, demanding more transparency into how the company manages its budget. Mango Labs is currently mounting a pricey civil suit against Eisenberg and participating in federal regulatory and criminal cases against him.

Avraham Eisenberg, a trader accused of manipulating Mango Markets in a multi-million dollar crypto scam, will face trial on December 4th in New York.

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Crypto exchange Mango Markets is considering raising interest rates for popular tokens. Mango Markets is a decentralized exchange (DEX) built on the Solana blockchain, and offers users the ability to earn interest on their cryptocurrency holdings through its yield farming program.

Overall, we estimate that in 2022, DeFi protocols lost $386.2 million in 41 separate oracle manipulation attacks.

In this piece, we examine recent complaints by DoJ, CFTC, and SEC that appear to demonstrate the complexities brought by a digital asset that is simultaneously classified as both a commodity and a security.

Solana-based decentralized exchange (DEX) Mango Markets has announced two new features ahead of its version 4 (v4) rollout, with focus on mitigating immediate security threats.

The alleged exploiter of the decentralized finance protocol Mango Markets, Avraham Eisenberg, is seeking to keep his share of crypto gained from his so-called “highly profitable trading strategy.” On Feb. 15, attorneys for Eisenberg filed a motion in a New York District Court objecting to a lawsuit from Mango that asks for $47 million in damages plus interest starting from the time of Eisenberg’s October attack, whidrained around $117 million from the protocol. (Cointelegraph)

Decentralized autonomous organizations (DAOs) will likely consider implementing legal structures following the exploit of Solana-based decentralized finance (DeFi) lending protocol Mango Markets, according to Benjamin Bathgate, a partner at Canadian-based law firm McMillan LLP.