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SEC files ‘settled charges’ against Mango Markets operators 

[Sep 27 8:33 PM] In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg that drained the platform of $100 million.

Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement

[Sep 27 7:21 PM] Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.

Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation

[Sep 24 1:34 AM] 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.

Mango Markets Mulls CFTC Settlement Over Crypto Trading Violations

[Sep 23 8:55 PM] Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity…

US prosecutors oppose Mango Market exploiter's motion for acquittal

[Sep 19 9:48 PM] Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.

Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote

[Aug 20 4:30 PM] 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…

Mango Markets DAO mulls offering settlement with SEC

[Aug 20 6:01 AM] The proposed settlement involves Mango DAO neither admitting nor denying wrongdoing and paying a $223,228 fine. 

Solana's Former Top Decentralized Crypto Exchange Faces SEC Securities Violations

[Aug 20 1:05 AM] Mango Markets' governing body is looking to offer a settlement to the SEC.

Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction

[Aug 8 8:10 PM] 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…

Eisenberg seeks to have Mango Markets fraud convictions thrown out

[Aug 7 4:30 PM] Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation.

Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’

[May 6 7:00 AM] Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer.

Mango Markets Exploiter Charged with Possession of Child Pornography

[Apr 29 12:11 AM] FBI Computer Analysis and Response Team agents first found the material during a search of Eisenberg's devices in January 2023

Your Crypto Project Needs a Sheriff, Not a Bounty Hunter

[Apr 24 10:57 AM] Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.

Report: Mango Markets Exploiter Convicted in Multi-Million Dollar Crypto Fraud Case

[Apr 18 1:19 PM] 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…

Mango Markets Exploiter Avi Eisenberg Found Guilty of Fraud and Manipulation

[Apr 18 11:27 AM] NEW YORK – A Manhattan jury has found crypto trader Avi Eisenberg guilty on fraud and market manipulation for his $110 million heist from decentralized finance protocol Mango Markets in October 2022.

Jury Begins Deliberations in $110M Mango Markets Fraud Trial

[Apr 17 2:06 PM] Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud.

Avi Eisenberg May Testify in $110M Crypto Fraud Trial, Defense Says

[Apr 11 1:14 PM] The crypto trader is facing up to 20 years in jail if convicted on all counts.

Crypto Trader Eisenberg's $110M Fraud Trial to Put DeFi Under Microscope

[Apr 8 5:08 PM] The two-week trial will test the government's strategy of portraying complex crypto trades as simple fraud.

Mango Markets Faces Regulatory 'Inquiry' Ahead of Eisenberg Crypto Fraud Trial

[Jan 5 8:40 AM] The decentralized crypto exchange (DEX) is facing "inquiries" in the United States stemming from an October 2022 heist, according to posts in the project's Discord server. Now the DEX's governing body, called MangoDAO, is voting on whether to…

Fraud trial of Mango Markets exploiter behind alleged $116M theft pushed to April

[Nov 3, 2023 11:23 PM] 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.

Crypto Trader Avi Eisenberg's $110M Fraud Trial Delayed Until April 2024

[Nov 3, 2023 4:18 PM] Crypto trader Avi Eisenberg's trial will start in April 2024 after defense and prosecutors agreed to delay the proceeding, first scheduled for December.

Crypto Exchange Mango’s Legal Bills Swell, a Year After Alleged $116M Heist

[Aug 7, 2023 2:33 PM] First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies.

Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief

[May 24, 2023 4:00 PM] On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the previous three months. The…

US Justice Department on the hunt for DeFi hackers and thieves: Report

[May 15, 2023 12:23 AM] The U.S. Justice Department’s top crypto cop said that it was a “pretty significant issue,” given the rise of North Korean “state-sponsored hackers.”

Crypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens

[Mar 28, 2023 8:14 AM] Only the pool for borrowing and lending SOL tokens would be impacted by the proposed changes.

Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’

[Feb 15, 2023 11:56 PM] Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn't have to pay back any more funds.

Alleged Mango Markets exploiter waives bail during hearing in federal court

[Feb 2, 2023 3:45 PM] A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.

Aave purchases 2.7M CRV to clear bad debt following failed Eisenberg attack

[Jan 26, 2023 11:00 AM] Following a failed short attack, DeFi exploiter Avraham Eisenberg was liquidated from Aave at a loss of $10 million.

US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico

[Jan 22, 2023 6:30 PM] The U.S. Securities and Exchange Commission (SEC), the Commodities Futures Trading Commission (CFTC), and the Department of Justice (DOJ) have charged an alleged attacker who stole $116 million from crypto trading platform Mango Markets. The…

Mango Markets exploiter Avraham Eisenberg ordered into detention pending trial

[Jan 5, 2023 1:07 AM] A United States Magistrate Judge determined that it was necessary to detain the Mango Markets exploiter before finishing the trial.