Avraham Eisenberg Found Guilty in $110 Million DeFi Scheme
Avraham Eisenberg is convicted of a $110 million fraud on Mango Markets, manipulating MNGO token prices and exposing DeFi vulnerabilities.
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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.
Jury selection had wrapped up with 12 individuals being selected and the courtroom proceedings unfolded as prosecutors and defense attorneys offered contrasting narratives for the jury's deliberation.
Alex Mashinsky's $40 Million bail and pending criminal trials in celsius network case.
The US DOJ has raised concerns regarding SBF’s proposed jury questions, deeming them "unnecessarily intrusive" and suggesting they may serve to bolster his defense strategy.
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.
A recent report hinted that a US federal court issued Celsius a formal summons.