- Mango Labs sued Avraham Eisenberg for manipulating MNGO’s price.
- Eisenberg amassed $114 million in profits upon the manipulation of the price.
- He promised to return $67 million of the amassed fund.
According to reports, the parent organization of the DeFi platform Mango Markets, Mango Labs LLB, has sued the trader Avraham Eisenberg, who manipulated the price of the platform’s native token MNGO, and thereby amassed $114 million in profits.
Bloomberg news tweeted, “Mango Labs sues trader Avraham Eisenberg seeking to recover stolen crypto worth tens of millions of dollars.”
Mango Labs sues trader Avraham Eisenberg seeking to recover stolen crypto worth tens of millions of dollars https://t.co/KrK5RQpXUl— Bloomberg (@business) January 26, 2023
Later, the platform mentioned that Avraham Eisenberg has agreed to return $67 ...
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