Eisenberg Refuses to Return Mango Markets Missing Millions
Eisenberg's lawyers say that the Mango Labs filing lacks the likelihood of success.
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Eisenberg's lawyers say that the Mango Labs filing lacks the likelihood of success.
The Solana-based decentralized exchange (DEX) Mango Labs sued Avraham Eisenberg for its “profitable trading strategy.”
The CFTC isn’t buying Eisenberg’s argument that his attack on Mango Markets was a legal act.
Avraham Eisenberg could not be immediately reached for comment, and it is unclear whether he has a lawyer.
The initial offer appeared to have been rejected.
Mango was attacked by hackers, and Mango lost a total of about 116 million U.S. dollars in this attack. In addition, Mango also suffered another attack from hackers, and Mango was attacked through a proposal.
Yet another DeFi exploit happened in the scene, and this time, the loss was over a hundred million dollars!
Mango Markets, a decentralized trading platform on the Solana blockchain, has become "ripe for harvest" when it fell victim to hackers.
Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.
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