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Crypto Exchange Mango Markets Sues Exploiter for $47M in Damages

From coindesk.com

Decentralized crypto exchange Mango Markets sued its exploiter Avraham Eisenberg for $47 million in damages according to a United States District Court for the Southern District of New York filing on Wednesday. Decentralized finance trader Eisenberg had, "through fraud and deception," taken and converted approximately $114 million from Mango Markets. He later returned $67 million but "retained" the remainder, the filing said. Mango Markets now wants the remaining $47 million back in damages. Charges have been piling up for Eisenberg. Last week the U.S. Securities and Exchange Commission charged Eisenberg for ... (full story)

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