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BitDegree 2024-04-19 07:18:20

Guilty Verdict for Avraham Eisenberg in Mango Markets Exploit Case

Key Takeaways 1. Avraham Eisenberg was found guilty of multiple fraud charges in connection with a $110 million exploit of Mango Markets. 2. His defense claimed the exploit was a lawful trading strategy, though he retained over $40 million of the funds. 3. The conviction may lead to additional civil enforcement actions, reflecting increased regulatory focus on cryptocurrency market integrity.

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