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    Home » Mango Markets Hacker Sentenced for Distinct Criminal Offenses
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    Mango Markets Hacker Sentenced for Distinct Criminal Offenses

    By adminMay. 3, 2025No Comments2 Mins Read
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    Mango Markets Hacker Sentenced for Distinct Criminal Offenses
    Mango Markets Hacker Sentenced for Distinct Criminal Offenses
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    Avraham Eisenberg Sentenced to 52 Months for Child Exploitation, Not Crypto Crimes

    Avraham Eisenberg, known for orchestrating the 2022 Mango Markets exploit, has been handed a 52-month prison sentence—but not for his crypto-related activities. The punishment stems from a separate case involving child sexual abuse material, with sentencing finalized on May 1 in a New York federal court.

    While this verdict concludes one legal battle, another looms. Eisenberg still awaits sentencing for the high-profile crypto hack, which saw Mango Markets drained of $100 million after a price manipulation scheme. Though both cases were expected to be addressed together, only the child exploitation charges have reached resolution.

    READ MORE:

    Ethereum Devs Tackle Cross-Chain Confusion With New Address Standards

    In the crypto case, Eisenberg argued that his actions were legal market tactics, not criminal behavior. Nonetheless, a jury convicted him in April 2024 of wire fraud and market manipulation. Authorities dismissed his defense, citing extensive evidence. His legal team pushed for an acquittal months later, but prosecutors stood firm.

    Mango’s collapse was swift: its token plunged, deposits were frozen, and user losses mounted. The case became a cautionary tale as regulators ramped up efforts to rein in financial exploits in decentralized systems.

    Alexander Stefanov

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