Jury Convicts Avraham Eisenberg for $110 Million Mango Markets Exploit
Friday, 19 April 2024, 10:00
Avraham Eisenberg Convicted of Market Exploit
Avraham Eisenberg, a 28-year-old crypto trader, was found guilty of fraudulently exploiting Mango Markets for $110 million in cryptocurrencies. This involved a scheme that allowed him to exploit $110 million in cryptocurrencies.
Mango Markets Hacker Case Revealed
The case came to light after two years when a federal jury in New York convicted Eisenberg of commodities fraud, commodities manipulation, and wire fraud. The scheme involved manipulating prices and draining liquidity from the platform.
Impact on Global Economy: 4
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.