Mango Markets exploiter slammed with new lawsuit

Mango Markets’ exploiter Avraham Eisenberg has been sued by the decentralized finance (DeFi) protocol developer, Mango Labs, according to a Jan. 25 court filing. Mango Labs alleged that Eisenberg executed a $114 million malicious attack on the DeFi protocol on Oct. 11, 2022, and bragged about it on Twitter. The firm wrote that: “[Eisenberg] manipulated…

Solana TVL tanks 23% following $100M Mango Market hack

The $100 million exploit of  Solana-based decentralized protocol Mango Markets has sent the value of its native token MNGO and that of SOL spiraling down over the last 24 hours. CryptoSlate data shows that the  MNGO token fell more than 40% in the last 24 hours to $0.02396. During this period, SOL also shed roughly…