Tags: VRA

Mango Markets Manipulation: Trader Avraham Eisenberg To Stand Trial in December for $100 Million Crypto Scam

Benjamin Bathgate, partner at Canadian-based law firm McMillan LLP, says the lawsuit against Avraham Eisenberg, the alleged Mango Markets exploiter, could impact how DAOs implement their legal and governing structures in the future.

Avraham Eisenberg has publicly admitted to draining $116 million from the crypto exchange.

Avraham Eisenberg lost his gamble in more ways than one.

DOJ arrested Avraham Eisenberg last year on similar charges.

Federal agents were not a fan of Avraham Eisenberg’s “highly profitable trading strategy.”