US Court Clears Mango Markets Hacker

U.S. Court Overturns Fraud Charges Against Avraham Eisenberg

• The U.S. District Court for the Southern District of New York overturned charges against Avraham Eisenberg.
• Judge Arun Subramanian ruled that there was insufficient evidence for fraud and manipulation charges.
• Eisenberg was initially accused of exploiting vulnerabilities in Mango Markets’ smart contract system.
• Eisenberg reportedly withdrew over $100 million in cryptocurrencies from Mango Markets.
• A jury had previously found Eisenberg guilty on April 18, 2024, with potential sentencing up to 20 years imprisonment.

The court’s decision emphasized the lack of sufficient evidence to support fraud allegations against Eisenberg, who had been accused of manipulating Mango Markets’ systems.