Tags: Mango market

Crypto Exchange Mango Dealing with Surging Legal Costs, a Year After $100 Million Market Manipulation Exploit

Mango Markets Manipulation: Trader Avraham Eisenberg To Stand Trial in December for $100 Million Crypto Scam

Mango Markets will rollout its v4 rollout with a series of new security features.

Benjamin Bathgate, partner at Canadian-based law firm McMillan LLP, says the lawsuit against Avraham Eisenberg, the alleged Mango Markets exploiter, could impact how DAOs implement their legal and governing structures in the future.

Avraham Eisenberg has publicly admitted to draining $116 million from the crypto exchange.

Avraham Eisenberg lost his gamble in more ways than one.

The latest price moves in crypto markets in context for Jan. 27, 2023.

Developers behind the Solana-based crypto exchange aren‘t letting a little scrutiny from federal regulators stop Mango Markets.

Mango Markets wants its money back after losing $114 million in October.

It’s the latest case to emerge from Avraham Eisenberg’s “highly profitable trading strategy.”

DOJ arrested Avraham Eisenberg last year on similar charges.

Avraham Eisenberg can’t be released on bail because he faces a mammoth prison sentence for the $110 million exploit last October, a Puerto Rico judge said.

Federal agents were not a fan of Avraham Eisenberg’s “highly profitable trading strategy.”