DeFi Exploit Gets Judge’s Nod: Trader Avraham Eisenberg’s Fraud Conviction Overturned

Avraham Eisenberg, the trader behind the $110 million exploit of DeFi platform Mango Markets in 2022, has seen his fraud convictions overturned by a U.S. judge who cited lack of venue. Judge Arun Subramanian ruled that prosecutors filed the case against Eisenberg in the wrong jurisdiction, as he did not have any dealings with New York-based operations and neither contacted nor interacted with anyone within New York for the scheme.