Mango markets sued Ausbreiter Avraham Eisenberg for compensation in the amount of $ 47 million
Mango markets sued Ausbreiter Avraham Eisenberg for compensation in the amount of $ 47 million
The exploiters of Mango Markets, Avraham Eisenberg, was confronted by Mango Labs, the company behind the Defi protocol, with a lawsuit for damages of $ 47 million.
In the file submitted to the US district court for the southern district of New York on Wednesday, it is claimed that Eisenberg has carried out a malicious attack on mango markets by manipulating the local token Mngo by "fraud, deception" and almost $ 114 million from the inserts converted the protocol into its own accounts.
Eisenberg in difficulties
A decentralized autonomous organization (DAO) and Eisenberg connected with mango markets made an agreement that enabled the exploitor to keep $ 47 million from exploit and at the same time protect it from possible criminal investigations. While he returned $ 67 million and retained the rest, Mango Labs now wants the remaining funds as compensation in addition to the interest from the time of the exploit in October.
The file was
"He forced Mango dao-under compulsion-at the end of a unexpected comparison agreement, which pretended to release the claims of the inserts against him and prevent them from doing so. After the DAO vote of Mango regarding the ultimate of the accused, he returned about $ 67 million of the money that he had illegally back."
The developer of the protocol also called Eisenberg a "notorious cryptocurrency market manipulator" and accused him of having attacked several platforms in the past and manipulated markets for digital assets.
Mango Labs also emphasized that the exploiter was supposed to be involved in the abuse of a defi project called Fortress Dao’s Treasury Redemption Mechanism and had embezzled $ 14 million from where he acted as a developer.
printing of sec and cftc
Eisenberg, who happens to be a software coder and crypto dealer, has outed himself after having held a financed economic attack by manipulating the oracle price of Mngo. The attack by Mango Markets withdrew around $ 117 million. He previously described the incident as "legal open market campaigns", but the regulatory authorities are not on board with the stunt.
In December 2022, the US Justice Ministry (DOJ) Eisenberg in Puerto Rico arrested for fraud and manipulation. A deposit was refused because the judge classified him as a "escape risk". The Commodities Future Trading Commission (CFTC) also accused him of violating the country's violation of the state's state. Similar accusations were made by the Federal Bureau of Investigation (FBI).
recently sued the Securities and Exchange Commission (SEC) Eisenberg due to alleged violation of the provisions of securities laws to combat fraud and market manipulation
.