Alleged Mango Markets Exploiter Waives Bail During Hearing in Federal Court
Lawyers representing a crypto user allegedly behind a $116-million exploit of decentralized exchange Mango Markets have consented to detention in the criminal case involving commodities fraud, commodities market manipulation and wire fraud.
Alleged Mango Markets Exploiter Eisenberg Waives Bail in First NY Court Hearing
Mango Markets crypto trader and alleged manipulator Avraham Eisenberg waived bail at his first hearing in U.S. District Court in New York on Thursday.
Regulatory Action Against Mango Markets Exploiter is a Win for DeFi — Moody’s
Recent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi) space, according to credit rating firm Moody’s. In a Jan. 31 note from Moody’s Investor Service, AVP of decentralized finance Cristiano Ventricelli stated that enforcement actions brought by the two leading U.S. market regulators in January mean that DeFi is moving towards a “safer and more welcoming environment.” “The fact that both the SEC and CFTC took action against market manipulation by an alleged rogue trader is a credit positive for the industry as a whole. (Cointelegraph)
Mango Markets Exploiter Thought a DAO Protected Him. Then US Courts Showed Up
Mango Labs’ $47 million civil suit against crypto trader Avraham Eisenberg isn’t just the latest legal drama to emerge from the destructive exploit of Mango Markets. It’s also a case study in how the ideals of crypto governance take a back seat to real-world contracts law.
Mango Markets to Resume Crypto Trading, SEC Be Damned
Developers behind the shuttered decentralized crypto exchange Mango Markets say they’re pushing forward with a relaunch of the project – even as the U.S. Securities and Exchange Commission (SEC) alleges the project’s native token, MNGO, is a security.
SEC Says Mango Markets Attacker Stole $116M, Violated Securities Laws
The U.S. Securities and Exchange Commission (SEC) has charged Mango Markets attacker Avraham Eisenberg, according to a Jan. 20 press release.
SEC Also Investigating Mango Exploiter Eisenberg: CFTC Commissioner
The U.S. Securities and Exchange Commission is also investigating self-confessed Mango Markets exploiter Avraham Eisenberg over his role in extracting $110 million from the decentralized protocol.
Mango Markets Exploiter Avraham Eisenberg Ordered Into Detention Pending Trial
In a new update to the Mango Markets exploit saga, the United States District Court for the District of Puerto Rico has issued an order of detention to the infamous Mango Markets exploiter Avraham Eisenberg.
Eisenberg KYC’d as a Ukrainian Woman on a Crypto Exchange to Carry out the Mango Markets Exploit
The recently arrested Mango Markets exploit architect orchestrated his scheme using a crypto exchange account verified using the credentials of a Ukrainian woman.
