U.S. authorities have charged the alleged attacker who stole $116 million from crypto trading platform MangoMarkets. cryptocurrency $MNGO
US Authorities Charge Mango Markets Attacker — Defendant Arrested, Detained in Puerto Rico
The defendant is a 27-year-old U.S. citizen who is facing “parallel criminal and civil charges” brought by the Department of Justice and the Commodities Futures Trading Commission , respectively, the SEC added. The CFTC filed a civil enforcement action against Eisenberg on Jan. 9. He has been arrested and detained at MDC Guaynabo, Puerto Rico.Eisenberg engaged in a scheme to steal approximately $116 million worth of crypto assets from the Mango Markets platform.
In addition, Eisenberg allegedly made a series of large purchases of the thinly traded MNGO token to artificially raise the token’s price relative to USD Coin , the SEC continued, adding that the price of MNGO perpetual futures on Mango Markets subsequently increased. According to the securities regulator:
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