Mango Markets Manipulation: Trader Avraham Eisenberg To Stand Trial in December for $100 Million Crypto Scam
Avraham Eisenberg, a trader accused of manipulating the decentralized exchange Mango Markets in a massive multi-million dollar scam, is slated to stand trial on Dec. 4 in New York. The scam was carried out on October 11,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The scam was carried out on October 11, 2022, with Mango Markets tweeting at the time that a hacker had manipulated the platform's price oracle, resulting in a loss of approximately $110 million....
Read More: Mango Markets Manipulation: Trader Avraham Eisenberg To Stand Trial in December for $100 Million Crypto Scam
Why this matters
This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Bitcoin ETFs Bleed $484.9 Million As BlackRock Leads A Broad Day Of Outflows
TL;DR: US spot Bitcoin ETFs recorded $484.9 million in net outflows on October 7, according to Farside Investors. BlackRock’s IBIT...
Aave lists December AUSD principal token on Monad with 93% borrowing limit
Aave's new token listing enhances DeFi liquidity and stability, but high leverage risks could trigger cascading liquidations if mi...
Banking Giant Standard Chartered Expands Crypto Custody to Singapore
Standard Chartered is preparing to bring institutional crypto custody to Singapore, expanding its digital asset operations into an...
US Government Shifts $1 Billion in Bitcoin, $94 Million in Tether
The U.S. government’s cryptocurrency shuffle isn’t over. Following two days of bitcoin transfers totaling $770 million, federal wa...
Sui’s Hashi Bitcoin Finance Network Launches With More Than $500 Million Committed
TL;DR: Hashi, Sui’s native Bitcoin finance infrastructure, will begin a phased mainnet rollout later this month with more than $50...
Bitcoin (BTC) Price Today: $81.1K Becomes Critical as Traders Eye Double-Bottom Setup
Bitcoin recently climbed above $85,000 before encountering renewed selling pressure. Glassnode’s latest Week On-Chain report shows...