Crypto Exchange Mango Dealing with Surging Legal Costs, a Year After $100 Million Market Manipulation Exploit

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Crypto Exchange Mango Dealing with Surging Legal Costs, a Year After $100 Million Market Manipulation Exploit

A year after the alleged $100 million crypto market exploit by Avi Eisenberg, Mango Markets, a blockchain-based trading protocol, finds itself grappling with mounting legal expenses, prompting internal conflicts among its stakeholders. 
The platform’s financial strain has intensified as Mango Labs, the company driving the Solana blockchain-based exchange, struggles to cope with unexpected budget depletion….
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