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How did Eisenberg deal with mango markets?

In the wake of the trade, Eisenberg negotiated with Mango Markets and agreed to return $67 million to the decentralized autonomous organization (DAO) governing it. Mango DAO planned to return those funds to users who were affected by Eisenberg’s attack.

Did Eisenberg use his Mngo perpetual futures position to drain crypto assets?

According to the complaint, Eisenberg used the increased value of his MNGO perpetual futures position to borrow and withdraw approximately $116 million worth of various crypto assets from Mango Markets, effectively draining all available assets from the Mango Markets platform.

Did Eisenberg commit financial fraud & market manipulation?

US prosecutors have deemed Eisenberg responsible for financial fraud and market manipulation in relation to an October 2022 attack on Mango Markets, a DeFi trading platform built on the Solana blockchain. It resulted in an initial loss of at least $112 million of cryptoassets.

Did Eisenberg manipulate Mngo's price?

According to the unsealed complaint, Eisenberg manipulated the price of perpetuals contracts (a type of futures contract popular in crypto markets) for Mango Markets’ native token MNGO. He sold massive amounts of MNGO perpetuals contracts to himself, thus pumping the price of those contracts 1,300% in less than an hour.

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