• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Tucker Carlson Alleges CIA Created Bitcoin

    Tucker Carlson Alleges CIA Created Bitcoin

    Tesla's Bitcoin Holdings Remain Unchanged in Q3 2025

    Tesla Retains $1.3 Billion Bitcoin in Q3 2025

    BlackRock's Bitcoin Acquisition and Market Impact

    BlackRock Acquires 1,884 Bitcoin for Its ETF

    Standard Chartered Forecasts Bullish Bitcoin Future Despite Trade Tensions

    Standard Chartered Forecasts Bullish Bitcoin Future Despite Trade Tensions

    Peter Brandt Warns Bitcoin Trends Mirror 1970s Soybean Bubble

    Peter Brandt Warns Bitcoin Trends Mirror 1970s Soybean Bubble

    Arch Lending Launches TaxShield for Bitcoin Holders

    Arch Lending Introduces TaxShield for Bitcoin Holders

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    Pi Network Confronts Alleged 1.2 Million PI Token Dump

    Pi Network Confronts Alleged 1.2 Million PI Token Dump

    Chris Larsen's Strategic Expansion in XRP Markets

    Chris Larsen Boosts XRP Profits with Evernorth Investment

    Citadel Acquires 4.5% Stake in Solana DeFi Firm

    Citadel Acquires 4.5% Stake in Solana DeFi Firm

    Robinhood Adds Binance Coin Amid Strong BNB Performance

    Robinhood Adds Binance Coin Amid Strong BNB Performance

    Robinhood Lists Binance Coin, BNB Outperforming by 30%

    Robinhood Lists Binance Coin, BNB Outperforming by 30%

    Japanese Firm Gumi Inc. Joins XRP Investment with SBI & Ripple

    Japanese Firm Gumi Inc. Joins XRP Investment with SBI & Ripple

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Mango Markets Hacker Sentenced to 52 Months

Solomon M. by Solomon M.
May 2, 2025
in Latest News
avi eisenberg courtroom scene
Key Points:
  • Eisenberg sentenced for Mango Markets exploit.
  • Caused $110 million loss to protocol.
  • MNGO token severely impacted by hack.
mango-markets-hacker-sentenced-to-52-months
Mango Markets Hacker Sentenced to 52 Months

Avi Eisenberg, involved in the Mango Markets exploit, was sentenced to 52 months in prison by the U.S. District Court recently.

The sentencing of Avraham “Avi” Eisenberg highlights significant steps in addressing crypto-related fraud. His actions crippled Mango Markets and raised discussions on DeFi security measures.

Eisenberg’s manipulation led to the loss of $110 million from Mango Markets. He used false identities and international accounts to disguise his activities. Judge Arun Subramanian emphasized the gravity of this criminal violation during sentencing. “Fraud that takes over $100 million from investors and effectively shuts down a business is a shocking violation of criminal law.”

The primary assets affected included MNGO, USDC, and SOL. While $67 million was recovered following a governance vote, the exploit significantly reduced protocol liquidity and TVL.

Eisenberg’s sentencing underscores regulatory bodies’ increasing scrutiny over crypto markets. The U.S. Justice Department considered his actions as more than smart arbitrage but active fraud and manipulation within crypto markets (source).

Observers speculate on future regulatory impacts, as the Securities and Exchange Commission and Commodity Futures Trading Commission stay their civil actions pending conclusion of criminal proceedings. Emerging trends in DeFi such as governance proposal manipulations might see increased attention.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

$4K Today Could 29X Fast—Next Crypto to Explode? BTFD’s FINAL100 Cheat Code as MELANIA Collapses and PENGU Pumps

Next Post

Unstaked Forecasts 2700% ROI While ALGO & SEI Show Mixed Signals

Solomon M.

Solomon M.

Related Posts

BitMine's ETH Holdings Reach Major Milestone

BitMine Becomes Largest Non-US Ethereum Holder

by Solomon M.
October 23, 2025

BitMine Immersion Technologies, backed by ARK Invest, surpasses 3.2 million ETH holdings outside the US.

Australia's Crypto Adoption Challenges

Australia’s Crypto Adoption Stalls as Trust Declines

by Solomon M.
October 23, 2025

Australia's crypto adoption stalls amid declining trust, despite Labor's regulatory efforts.

Australia's Crypto Adoption Grows Amid Global Platform Shift

Australia’s Crypto Adoption Grows Amid Global Platform Shift

by Solomon M.
October 23, 2025

Australia sees a steady crypto adoption rise to 31% by 2025 as users move to global platforms.

Australia's Crypto Adoption Stalls Amid Regulatory Uncertainty

Australia’s Crypto Adoption Stalls Amid Regulatory Uncertainty

by Solomon M.
October 23, 2025

Australia's crypto adoption rate stagnates at 31% in 2025, with regulatory uncertainty affecting market dynamics and community trust.

Crypto Trust Wanes Amid Australia's Regulatory Push

Crypto Trust Wanes Amid Australia’s Regulatory Push

by Solomon M.
October 23, 2025

Australia's crypto adoption halts as trust declines, despite regulatory efforts by the Labor government.

Tether Claims USDT Reached 500 Million Users Worldwide

Tether Claims USDT Reached 500 Million Users Worldwide

by Solomon M.
October 23, 2025

Tether CEO announces USDT surpasses 500 million global users, impacting financial inclusion.

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.