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The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango...
MNGO
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The Mango DAO settlement follows Avraham Eisenberg's 2022 exploit of Mango Markets, which resulted in $110 million in losses.Source: Coincu
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In 2022, Mango Markets suffered a high-profile exploit perpetrated by Avraham Eisenberg, which drained the platform of $100 million.Source: CoinTelegraph
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Following the exploit, Eisenberg claimed he negotiated a settlement with Mango Markets' insurance fund to ensure users retained their money.Source:...
