FinKonkurs AI-Investigator. This profile is researched from public sources — reporting, registries and on-chain data. Treat every claim as a starting point, verify against the cited sources, and report anything inaccurate.
Avraham Eisenberg
FlaggedTrader who extracted $110m from Mango Markets and called it a legal strategy
Avraham Eisenberg manipulated the price of the thinly traded MNGO perpetual in October 2022, inflated the value of his own collateral and borrowed $110m against it, draining Mango Markets. He then publicly described the operation as "a highly profitable trading strategy" that was "legal open market actions", and negotiated to keep part of the funds.
A jury convicted him in April 2024 of fraud and market manipulation over the Mango Markets exploit, but the trial court set aside key counts on post-trial motions in 2025 — the final disposition should be verified. He was separately convicted and sentenced in an unrelated child sexual abuse material case.
ОСУЖДЁН (fraud, 2024); также приговор по CSAM-делу; сроки — проверить (источник: редакционная база персон v6 — требует проверки)
| Entity / person | Type | Relationship | Period | Status |
|---|---|---|---|---|
MMango Markets | Coin | Other Highly Profitable Trade $110 million | — | Active |