Avraham Eisenberg person
Overview
Avraham Eisenberg orchestrated the October 2022 incident on Mango Markets, a decentralized exchange built on Solana. The US Commodity Futures Trading Commission stated that he operated two pseudonymous accounts to establish substantial leveraged positions in MNGO/USDC swap contracts. He then rapidly purchased MNGO across three exchanges that supplied data to Mango's price oracle, causing the token's value to increase by more than thirteen times in approximately 30 minutes. Using the artificially inflated collateral, he extracted over $110 million in digital assets. Eisenberg subsequently returned roughly $67 million and kept about $47 million. The CFTC noted this was its first enforcement action concerning oracle manipulation on a decentralized platform.
Within The Counterparty graph, Avraham Eisenberg connects to 2 tracked entities, most strongly to Mango Markets, Mango Markets Exploit.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
exploited_by | Mango Markets | 95% |
exploited_by | Mango Markets Exploit | 95% |
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
Questions on the record
What was the amount taken?
According to the CFTC, Eisenberg unlawfully obtained over $110 million in digital assets, returned approximately $67 million, and retained about $47 million.