Avraham Eisenberg recently borrowed 40 million curve (CRV) tokens.
Eisenberg openly detailed a plot to exploit a vulnerability in Aave’s lending standards.
One of the most infamous cryptocurrency traders in the world, who boasted last month about pocketing over $100 million in a contentious price manipulation move, seems to have lost millions on a similar exploit effort that failed early Tuesday.
On-chain information suggests that Avraham Eisenberg, the trader responsible for the Mango Market breach in October, recently borrowed 40 million curve (CRV) tokens through the decentralized loan platform Aave. The dramatic action seems to be part of a plot to sell off the tokens, drive down the price of CRV, and profit from the millions of dollars in short positions on the token, leaving Aave with a mountain of bad debt.
No Success This Time
However, the strategy did not work. The price of CRV fell from $0.53 to $0.41 early on Tuesday, but it immediately rebounded and reached a high of $0.7
We współpracy z: https://thenewscrypto.com/mango-market-hacker-loses-millions-attempting-exploit-on-aave/
