• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    Next Technology's Major Bitcoin Acquisition Plans

    Next Technology Plans $500M Stock Sale to Buy Bitcoin

    Next Technology Plans $500M Stock Sale to Acquire Bitcoin

    Next Technology Plans $500M Stock Sale to Acquire Bitcoin

    Ancient Bitcoin Whale Reactivates 99 BTC Worth $11.5 Million

    Ancient Bitcoin Whale Reactivates 99 BTC Worth $11.5 Million

    Ancient Bitcoin Whale Moves 99 BTC Worth $11.5M

    Ancient Bitcoin Whale Moves 99 BTC Worth $11.5M

    Bitcoin Whale Transfers 99 BTC After 11.7 Years

    Bitcoin Whale Transfers 99 BTC After 11.7 Years

    PayPal Expands Crypto Payments with New Links Feature

    PayPal Expands Crypto Payments with New Links Feature

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    SharpLink Executes Ethereum-Backed Buyback Amid Stock Market Volatility

    SharpLink Stock Dips Post Major Buyback Execution

    Binance Coin Reaches New Heights Amid Institutional Surge

    Binance Coin Reaches New All-Time High Amid Institutional Surge

    Swiss Banks Test Ethereum for Settlements

    Swiss Banks Test Ethereum for Settlements

    Solana's Pump.fun Outperforms Hyperliquid in Daily Revenue

    Solana’s Pump.fun Outperforms Hyperliquid in Daily Revenue

    Ethereum's Price Surge Driven by Institutional Accumulation

    Ethereum’s Price Surge Driven by Institutional Accumulation

    Pump.fun Revenue Milestone and Solana Ecosystem

    Solana’s Pump.fun Surpasses Hyperliquid in Revenue Rebound

    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

PayPal Introduces Crypto P2P Transfers With Links Feature

PayPal Introduces Crypto P2P Transfers With Links Feature

by Solomon M.
September 17, 2025

PayPal launches new Links feature for seamless P2P crypto transfers, expanding globally.

PayPal Introduces Crypto P2P Payments with Links Feature

PayPal Introduces Crypto P2P Payments with Links Feature

by Solomon M.
September 17, 2025

PayPal expands crypto payments with new Links feature, enabling BTC, ETH, PYUSD transfers.

U.S. House Reattaches Anti-CBDC Bill to CLARITY Act

U.S. House Reattaches Anti-CBDC Bill to CLARITY Act

by Solomon M.
September 17, 2025

The U.S. House passes the Digital Asset Market Clarity Act with Anti-CBDC as an amendment, awaiting Senate review.

UK and US to Align Crypto Regulations by 2025

UK, US Synchronize Crypto Regulations with New Framework

by Solomon M.
September 16, 2025

The UK and US announce plans to align crypto regulations by 2025, driven by political efforts and policy coordination.

MoonPay Acquires Meso to Expand Crypto Payment Infrastructure

MoonPay Acquires Meso to Expand Crypto Payment Infrastructure

by Solomon M.
September 16, 2025

MoonPay acquires Meso, integrating leadership to boost global crypto-fiat payments infrastructure.

Scott Bessent Comments on Trump's TikTok Ultimatum

Scott Bessent Comments on Trump’s TikTok Ultimatum

by Solomon M.
September 16, 2025

Scott Bessent highlights Trump's TikTok ultimatum influencing China's decision in global geopolitics.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • 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.