In 2022, the day after Christmas, Avi Eisenberg was arrested in Puerto Rico on market manipulation and fraud charges. Avi, whose full name is Avraham Eisenberg, schemed to steal approx. $110 million USD worth by manipulating the price of the Mango cryptocurrency Token, MNGO.
In this episode, Sophie and Nikita from CryptoGirlsHQ, chat about what happened and the legality of the case, including chats about 'mens rea' and 'code is law'.
Timestamps:
0:00 CGHQ introduction
5:47 Mango Markets Exploit Introduction
6:42 Explanation of what is actually Mango Markets? Quick explanation of DeFi and DAOs.
9:20 Celsius vs. Mango Markets
13:35 Avraham Eisenberg
14:45 How Avraham performed the multi platform rug pull
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