🚨Crypto trader Avraham Eisenberg found guilty of defrauding DeFi platform Mango Markets!💸

- Eisenberg, 28, convicted on charges of commodities fraud, manipulation, and wire fraud.

- He manipulated the value of Mango's native token, MNGO, inflating his contracts by 1300% in 20 mins.

- Managed to withdraw $110M worth of various cryptos.

This is the first case of crypto market manipulation by the U.S. Department of Justice.👮‍♂️

- Eisenberg has agreed to return $67M to avoid further legal action.

- He's in custody, sentencing scheduled for July 29.

What's your take on this? Is DeFi safe? Share your thoughts below!👇 #DeFi #CryptoNews