$47 Million Litigation From Decentralized Cryptocurrency Exchange

Decentralized cryptocurrency exchange Mango Markets has filed a $47 million lawsuit against Avraham Eisenberg, who attacked the stock market.

According to the lawsuit filed yesterday in New York, a decentralized finance trader named Avraham Eisenberg, Approximately $114M “through fraud and deception” from Solana-based Mango Markets worth of money.

According to the case documents, Eisenberg said that this money he received from the stock market 67 million dollars when returning, “remainder” did not return the part. Mango Markets, in return for the losses suffered by Eisenberg $47 million payment demands.

Many different allegations have been made against Eisenberg lately. The U.S. Securities and Exchange Commission (SEC) has removed Eisenberg from Mango Markets. illegally receiving money accuses him.

The Commodity Futures Contracts Commission (CFTC) also filed a charge against Eisenberg before that, and Eisenberg’s “using a manipulative and deceptive device” violates federal commodity laws had suggested.

Eisenberg’s variety manipulates the price of the MNGO token with swap transactions Although it was claimed that Eisenberg felt himself after the events in October. defended, Only transactions made at Mango Markets “a highly profitable trading strategy” had said it was.

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