mango markets Archives

Former Top Solana DEX Mango Markets Proposes $223K Deal to Resolve SEC Charges

Mango Markets has introduced a proposal to pay $223,228 in penalties to the SEC and shut down operations involving its MNGO token.

NY Federal Court to Commerce Trial against Mango Markets Exploiter in $116M Theft Case

Cybersecurity News, News, Technology News

By Chimamanda U. Martha Apr 9, 2024

Eisenberg’s trial is scheduled to commence this week, although the exact date remains undisclosed.

Crypto Trader Accused of $110M Theft Faces US Criminal Trial

Altcoin News, Cryptocurrency News, News

By Bena Ilyas Apr 8, 2024

The legal battle extends beyond the courtroom. The SEC, CFTC, and Mango Labs LLC have all filed civil suits against Eisenberg, further complicating the situation.

Blockchain News, Cryptocurrency News, News

Crypto Hack Decline in Q1 2023: Temporary Relief or Calm before Storm

By staff writer May 22, 2023

Despite a decline in crypto hacks in Q1 2023, the article warns that it is likely a temporary break before a potential surge in attacks.

Blockchain News, Cryptocurrency News, News

US CFTC Charges Mango Markets Exploiter Eisenberg with Manipulation and Deception

By Steve Muchoki Jan 10, 2023

The US CFTC believes Eisenberg manipulatively inflated the value of his swap contract holdings on Mango Markets to borrow a significant amount of digital assets that he had no intention to repay.

Altcoin News, Cryptocurrency News, Market News, News

Did DOJ Just Classify MNGO as Commodity?

By Mayowa Adebajo Dec 30, 2022

The arrest of Mango Markets exploiter has drawn reactions from the crypto community, particularly regarding the terms of the charges he faces.

Blockchain News, Cryptocurrency News, Cybersecurity News, News, Technology News

Mango Markets Hacker Arrested in Puerto Rico to Face Fraud Charges

By Godfrey Benjamin Dec 28, 2022

Eisenberg was arrested by the DOJ because the regulator believes no act of market manipulation can be justified by law.

Altcoin News, Cryptocurrency News, News

Mango Markets to Begin Returning Stolen Funds from $114 Exploit

By Kofi Ansah Oct 20, 2022

Mango Markets saw $114 million worth of crypto stolen by a group of exploiters by manipulating the price of the DEX’s native token MNGO.

Altcoin News, Blockchain News, Cryptocurrency News, News

Mango Markets Is Looking to Pay Back Victims of $114M Hack

By Bhushan Akolkar Oct 18, 2022

Mango Markets will take a snapshot of the funds held by the victims one hour before the hack and repay them in the same proportion.

Altcoin News, Blockchain News, Cryptocurrency News, News

Mango Markets Exploiter Returns $67M of Drained Funds, Defends ‘Exploit’ as ‘Legal’

By Tolu Ajiboye Oct 17, 2022

Avraham Eisenberg, who recently revealed himself as the Mango Markets exploiter, calls his strategy a “highly profitable” trading one.

Altcoin News, Blockchain News, Cryptocurrency News, News

Solana Blockchain-based Mango Markets Loses $116M in Cyber Attack

By Sanaa Sharma Oct 12, 2022

The case grows more interesting as the exploiter has now suggested a governance proposal that will approximately give them $70 million in the form of a bounty reward.