Crypto trader Avi Eisenberg convicted of fraud in $110M Mango Markets scheme(axios.com)
axios.com
Crypto trader Avi Eisenberg convicted of fraud in $110M Mango Markets scheme
https://www.axios.com/2024/04/18/avi-eisenberg-convicted-crypto-defi-mango-markets
3 comments
Very interesting. Wish there was a more in-depth piece on this.
Since you asked, I'm happy to oblige.
A lot of the discussion online refers to the so-called "code is law" aspect, and that is a useful term to narrow your search in conjunction with Mango Markets especially for this particular case. There are also a fair number of urls/links you may find in the other articles and references I have included below.
Hope that helps!
Previously/related:
Twitter thread from the man himself:
https://twitter.com/avi_eisen/status/1581326197241180160
https://web.archive.org/web/20221018045126/https://twitter.c...
Hackers drain $100M off Solana-based DeFi platform Mango Markets 79 points by mardoik on Oct 12, 2022 100 comments
https://news.ycombinator.com/item?id=33172602
https://web.archive.org/web/20221012034912/https://p2eanalyt...
On the supposed “nihilism” of the Mango Markets arbitrageur 45 points by firloop on Oct 16, 2022 59 comments
https://news.ycombinator.com/item?id=33225998
https://web.archive.org/web/20221115150438/https://milkyeggs...
Mango Markets - REKT
Wednesday, October 12, 2022
https://web.archive.org/web/20231229030800/https://rekt.news...
Mango DAO Readies $42M to ‘Make Users Whole’
https://web.archive.org/web/20221103064537/https://blockwork...
A lot of the discussion online refers to the so-called "code is law" aspect, and that is a useful term to narrow your search in conjunction with Mango Markets especially for this particular case. There are also a fair number of urls/links you may find in the other articles and references I have included below.
Hope that helps!
Previously/related:
Twitter thread from the man himself:
https://twitter.com/avi_eisen/status/1581326197241180160
https://web.archive.org/web/20221018045126/https://twitter.c...
Hackers drain $100M off Solana-based DeFi platform Mango Markets 79 points by mardoik on Oct 12, 2022 100 comments
https://news.ycombinator.com/item?id=33172602
https://web.archive.org/web/20221012034912/https://p2eanalyt...
On the supposed “nihilism” of the Mango Markets arbitrageur 45 points by firloop on Oct 16, 2022 59 comments
https://news.ycombinator.com/item?id=33225998
https://web.archive.org/web/20221115150438/https://milkyeggs...
Mango Markets - REKT
Wednesday, October 12, 2022
https://web.archive.org/web/20231229030800/https://rekt.news...
Mango DAO Readies $42M to ‘Make Users Whole’
https://web.archive.org/web/20221103064537/https://blockwork...
> Eisenberg never disputed the facts of the strategy but contended that what he did was legal and permitted by the DeFi protocol, a principle in the industry known as "code is law."
> The big picture: U.S. laws apply to DeFi.