A US jury finds Avraham Eisenberg, a crypto trader who stole $110M on the Mango Markets exchange in 2022, guilty of fraud despite his “code is law” claim
but the outcome could also help protect it. By @Michael_Bodley 🗞️ Read more:... [image] @newyorkfbi : In the Justice Department's first cryptocurrency open-market manipulation case, Avraham Eisenberg ...
Avraham Eisenberg, a crypto trader the US says stole $110M on the Mango Markets exchange in 2022, begins his trial this week, testing “code is law” claims
- US says game theorist stole $110 million from Mango depositors — Trader says transaction was legal under rules of exchange
Filing: crypto exchange Mango Markets sues alleged exploiter Avraham Eisenberg for $47M in damages, saying he returned only $67M of the roughly $114M he netted
Camomile Shumba / CoinDesk :
The US SEC charges Avraham Eisenberg for manipulating Mango Markets' governance token MNGO to steal ~$116M of crypto assets and says MNGO was sold as a security
Sarah Wynn / The Block :
The US SEC charges Avraham Eisenberg with manipulating Mango Markets' governance token MNGO to steal $116M of crypto assets and says MNGO was sold as a security
- The SEC brought charges against Avraham Eisenberg on Friday after the U.S. securities regulator said Eisenberg stole $116 million from Mango Markets.
The US case against alleged Mango Markets manipulator Avraham Eisenberg highlights traders treating crypto as a game, forgetting the real-world consequences
Mango — So here's a trade. — You open two accounts on a commodity futures exchange, Account A and Account B. Tweets: @pt , @matt_levine , @mrauchs , @martincschmalz , @aservais1 , @michaelbkelley ,...
A look at the US case against Avraham Eisenberg, who claimed his “highly profitable trading strategy” was legal, over allegedly exploiting Mango Markets
Muyao Shen / Bloomberg :
Filings: the US charges Avraham Eisenberg with commodities fraud and manipulation for trying to steal ~$110M in October by rigging DeFi platform Mango Markets
U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal …
The hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi project after a Mango community vote; he claims all his actions were legal
the exchanges that... 1/2 Bucky Cantor / @buckycantor : If you rob a bank you can't say it's not your fault because the bank was defended poorly. “Code is law” = BS. Hackers should be grateful for meg...