{"id":72033,"date":"2022-12-28T12:01:27","date_gmt":"2022-12-28T10:01:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=72033"},"modified":"2025-09-08T12:30:46","modified_gmt":"2025-09-08T09:30:46","slug":"puerto-rico-arrest-of-mango-markets-attacker","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/puerto-rico-arrest-of-mango-markets-attacker\/","title":{"rendered":"Puerto Rico arrest of Mango Markets attacker"},"content":{"rendered":"<p>The U.S. Department of Justice <a href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.nysd.591629\/gov.uscourts.nysd.591629.3.0.pdf\">\u0430\u0440\u0435\u0441\u0442\u043e\u0432\u0430\u043b\u043e<\/a> in Puerto Rico Abraham Eisenberg for involvement in an attack on the DeFi platform Mango Markets. He was charged with commodity fraud and price manipulation.<\/p>\n<p>According to <a href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.nysd.591629\/gov.uscourts.nysd.591629.1.0.pdf\">\u043f\u043e\u043a\u0430\u0437\u0430\u043d\u0438\u044f\u043c<\/a> of FBI agent Brandon Rauch, the defendant led a team that in October carried out <a href=\"https:\/\/forklog.com\/en\/news\/hacker-stole-more-than-100-million-from-mango-markets-defi-platform\">the Mango exploit worth $116 million<\/a>.<\/p>\n<p>Earlier Eisenberg admitted involvement in the attack on the platform. He said that there was nothing illegal about his group&#8217;s actions. U.S. authorities disagreed.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cEisenberg participated in a scheme involving deliberate and artificial manipulation of the price of perpetual futures contracts on a cryptocurrency exchange named Mango Markets,\u201d according to FBI agent.<\/p>\n<\/blockquote>\n<p>According to him, the defendant bought a large position in MNGO tokens, causing the asset&#8217;s price to rise by 1,300% in under an hour. This allowed Eisenberg to borrow and withdraw funds from the protocol in other coins. As a result of the attack, the platform became insolvent.<\/p>\n<p>The Mango Markets community previously <a href=\"https:\/\/forklog.com\/en\/news\/mango-markets-community-approves-47-million-deal-with-hacker\">voted for a deal<\/a> with the exploit&#8217;s perpetrators. Under the agreement, they returned $69 million, leaving $47 million as a reward.<\/p>\n<p>The project team planned to use the funds and treasury <a href=\"https:\/\/forklog.com\/en\/news\/mango-markets-proposes-plan-to-compensate-hack-victims\">to compensate<\/a> affected users.<\/p>\n<p>Earlier, Eisenberg <a href=\"https:\/\/forklog.com\/en\/news\/mango-markets-attacker-earns-another-100000-from-mango-inu-meme-token\">earned around $100,000 more<\/a> by releasing the Mango Inu meme token.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news in our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Justice arrested Abraham Eisenberg in Puerto Rico for involvement in an attack on the DeFi platform Mango Markets. He was charged with commodity fraud and price manipulation.<\/p>\n","protected":false},"author":1,"featured_media":72034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1444],"class_list":["post-72033","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-law-enforcement"],"aioseo_notices":[],"amp_enabled":true,"views":"31","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=72033"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72033\/revisions"}],"predecessor-version":[{"id":72035,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/72033\/revisions\/72035"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/72034"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=72033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=72033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=72033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}