Avraham Eisenberg Convicted in Mango Markets DeFi Fraud
In a landmark case shedding light on the vulnerabilities of decentralized finance (DeFi), Avraham “Avi” Eisenberg was convicted by a Manhattan jury for a staggering $110 million fraud scheme exploiting the Mango Markets protocol. The verdict, delivered in October 2022, underscores the growing scrutiny on cryptocurrency markets and market manipulation tactics that threaten the integrity of digital assets.
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