In their filing, prosecutors emphasized the severity of Eisenberg’s actions, stating that his scheme not only defrauded investors of over $100 million but also forced Mango Markets to shut down.
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Judge Overturns Key Convictions in $110M Mango Markets Crypto Case
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Mango Markets was a decentralized finance (DeFi) platform governed by a decentralized autonomous organization (DAO) that allowed users to borrow, lend, and trade cryptocurrencies which ceased operations after a $110 million exploit in October 2022
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