CFTC Accuses Mango Markets Exploiter Manipulating The Price Of Swaps On The Platform
The Futures Trading Commission (CFTC) is accusing Avraham Eisenberg, aka Mango Avi Eisenberg, of a rogue past, price manipulation and price hype on Mango Markets, a derivatives trading platform on Solana.
According to the CFTC’s complaint, Eisenberg stole more than $100 million worth of cryptocurrency assets from the marketplace by artificially inflating prices. Mango Markets was subjected to a price manipulation attack, resulting in the loss of over $100 million in user funds. The attacker then revealed his identity as Avraham Eisenberg, calling what just happened with Mango a highly profitable trading strategy and claiming that it.
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