The crypto trader behind the infamous Mango Markets exploits had previously claimed that his actions were legal and part of a profitable trading strategy.
FBI Files Fraud Charges
Law enforcement has arrested the infamous Mango Markets hacker, Avraham Eisenberg, who had claimed responsibility for the attack and stated that his actions were not illegal at all. However, his claims of “legal open market actions” seem unfounded, as he has been charged with market manipulation and fraud.
A previously sealed complaint filed with the Southern District of New York was made public recently, revealing that the FBI had charged Eisenberg with one count of commodities fraud and one count of commodities manipulation in the Mango Markets case.
Eisenberg’s Mango Market Takedown
The takedown of the crypto exchange took place in the month of October 2022, which is already being touted as “Hacktober” in the crypto circles due to the overwhelming number of hacks and exploits. Eisenberg ta
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