Mango Markets Exploiter Avraham Eisenberg Convicted In $110M Crypto Fraud
Summary
Avraham “Avi” Eisenberg was found guilty of orchestrating a $110 million fraud scheme targeting the DeFi protocol, Mango Markets. He manipulated the price of MNGO tokens to deceive the system and acquire illicit funds, leading to a notable surge in the token's price following his conviction. Despite recent gains, the MNGO token remains significantly below its all-time high of $0.49.
