Mango Markets $110M Exploiter Avraham Eisenberg Convicted After Jury Deliberations
Following convictions for wire fraud, commodities fraud, and commodities manipulation, he could potentially face a maximum sentence of 20 years in prison.

Following convictions for wire fraud, commodities fraud, and commodities manipulation, he could potentially face a maximum sentence of 20 years in prison.
Avraham Eisenberg is convicted of a $110 million fraud on Mango Markets, manipulating MNGO token prices and exposing DeFi vulnerabilities.
Avi Eisenberg found guilty of fraud and market manipulation in $110 million theft from Mango Markets. Verdict highlights need for stricter regulations in decentralized finance to combat fraudulent activities.
Despite publicly confessing to his actions, Eisenberg has pled not guilty to all charges.
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 Mango Markets exploiter is back—but this time, things might not be going as planned.
The platform intends on leveraging users’ personal financial information such as credit score and AML/KYC to help reduce the collateral needed to take out a DeFi loan.
“We have to continue to be competitive,” the mayor said in a keynote interview at a London crypto conference, where he suggested scrapping the states’ BitLicensing requirement.
The S&P 500 and Nasdaq see substantial losses on the day as Fed-induced gains evaporate.