Crypto Trader Convicted in $110 Million ‘Mango Markets’ Case, Faces 20 Years in Prison

Mango Markets, a decentralized exchange (DEX) on the Solana blockchain, suffered a major exploit in October 2022. The attacker, crypto trader Avraham Eisenberg, manipulated the price of Mango Market’s native token (MNGO) to drain approximately $110 million in various cryptocurrencies from the platform. Despite the exploit, Mango Markets has relaunched with a modified structure (dubbed