SEC files ‘settled charges’ against Mango Markets operators
In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg, which drained the platform of $100 million. Go to Source
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Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation
Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform. Go to Source
US prosecutors oppose Mango Market exploiter’s motion for acquittal
Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets’ insurance fund to ensure users retained their money. Go to Source
Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote
Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities violations. Should the proposal pass, it could result in a settlement involving a financial penalty and the end of … Read more
Mango Markets DAO mulls offering settlement with SEC
The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine. Go to Source
Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction
Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Eisenberg’s legal team has filed a motion for judgment of acquittal or, alternatively, a new trial, citing several legal and evidentiary flaws in the … Read more
Eisenberg seeks to have Mango Markets fraud convictions thrown out
Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation. Go to Source
Report: Mango Markets Exploiter Convicted in Multi-Million Dollar Crypto Fraud Case
A U.S. federal jury has convicted Avraham ‘Avi’ Eisenberg on charges of commodities fraud, commodities manipulation, and wire fraud due to his involvement in the $116 million exploit of Mango Markets, a Solana-based decentralized exchange (dex) platform. Jury Convicts Avi Eisenberg in $116M Mango Markets Crypto Fraud Case In this high-profile court case, Eisenberg was … Read more
Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April
Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors. Go to Source
US Justice Department on the hunt for DeFi hackers and thieves: Report
The US Justice Department’s top crypto cop said that it was a “pretty significant issue” given the rise of North Korean “state-sponsored hackers.” Go to Source Powered by WPeMatico
