Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’
1 min readThe alleged exploiter of the decentralized finance protocol Mango Markets, Avraham Eisenberg, is seeking to keep his share of crypto gained from his so-called “highly profitable trading strategy.”
On Feb. 15, attorneys for Eisenberg
Eisenberg was charged by the Federal Bureau of Investigation with commodities fraud and manipulation.
He also faces a lawsuit from the U.S. Commodity Futures Trading Commission that alleges market manipulation and a suit from the Securities and Exchange Commission for violating securities laws relating to anti-fraud and market manipulation.
Eisenberg has previously stated his trades on Mango were “legal open market actions, using the protocol as designed,” and called his purported attack a “highly profitable trading strategy.”