- Crypto Twitter praises CFTC for protecting crypto traders from Mango Markets fraud.
- CFTC accused Avraham Eisenberg of manipulating the Mango Markets exchange and stealing funds.
- Also, CFTC is seeking monetary penalties, a ban on trading digital asset commodities, and restitution of funds.
The crypto community on Twitter is celebrating the state protecting traders by filing charges against the Mango Markets hacker. Bloomberg writer and podcast show host Joe Weisenthal tweeted that he found it interesting “to see crypto people cheering charges being brought against the alleged manipulator of Mango Markets.”
It's interesting to see crypto people cheering charges being brought against the alleged manipulator of Mango Markets.Happy that the state is protecting traders of DeFi exchanges after the coders of those exchanges failed to protect against bad actors....— Joe Weisenthal (@TheStalwart) January 10, 2023
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