← Mango Markets V31 decision on this page
Audit log
Every state-changing event for Mango Markets V3: moderation decisions on community submissions, plus corrections and updates from the news pipeline. URL-based decisions carry three independent witnesses — the original source, an Internet Archive snapshot taken at submission time, and a Solana memo signed by our publicly-disclosed publisher key.
- #1publishby system:backfill2026-05-20 18:44:16ZScore: ? → ? (no score change)anchoranchored
- chain
- ●mainnet-betaslot 421,042,167
- sig
4tLwygXXqfY3…vGggTy1Gexplorer ↗- hash
9diWAzt4hwv5…YM7m7zo3sha256 → base58
verifying row…full verify ↗canonical bytes (7265 B) ▸
{"actor":"system:backfill","investigation_id":"d6806c3a-0529-467a-b5c6-7846f901b581","kind":"publish","page_slug":"mango-markets-v3","published_at":"2026-05-20T18:44:16.853Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Mango Markets V3","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://phemex.com/academy/what-is-mango-markets-mngo"},{"credibility":3,"name":"","type":"other","url":"https://defillama.com/protocol/mango-markets-v3"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.soliduslabs.com/post/mango-hack"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/markets/2022/10/12/how-market-manipulation-led-to-a-100m-exploit-on-solana-defi-exchange-mango"},{"credibility":3,"name":"","type":"other","url":"https://cointelegraph.com/news/how-low-liquidity-led-to-mango-markets-losing-over-116-million"},{"credibility":3,"name":"","type":"other","url":"https://immunebytes.com/blog/mango-markets-exploit-oct-11-2022-detailed-analysis/"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.soliduslabs.com/post/mango-hack"},{"credibility":3,"name":"","type":"other","url":"https://www.elliptic.co/blog/analysis/mango-market-exploit-defi-loses-nearly-900-million-to-hackers-in-costliest-30-days-on-record"},{"credibility":3,"name":"","type":"other","url":"https://www.cftc.gov/media/8046/enfeisenbergcomplaint010923/download"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.sec.gov/newsroom/press-releases/2023-13"},{"credibility":3,"name":"","type":"other","url":"https://www.cftc.gov/PressRoom/PressReleases/8647-23"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/policy/2024/04/18/mango-markets-exploiter-avi-eisenberg-found-guilty-of-fraud-and-manipulation"},{"credibility":3,"name":"","type":"other","url":"https://www.trmlabs.com/resources/blog/breaking-federal-judge-overturns-all-criminal-convictions-in-mango-markets-case-against-avraham-eisenberg"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/business/2025/05/24/judge-overturns-convictions-in-mango-markets-exploiters-crypto-fraud-case"},{"credibility":3,"name":"","type":"other","url":"https://www.dlnews.com/articles/regulation/avi-eisenberg-gets-4-year-sentence-but-not-for-mango-exploit/"},{"credibility":3,"name":"","type":"other","url":"https://nysd.uscourts.gov/sites/default/files/2025-05/23cr10%20Opinion%20and%20Order.pdf"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://cointelegraph.com/news/mango-markets-hacker-proposes-steep-settlement"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/business/2022/10/15/114m-mango-markets-exploiter-outs-himself-returns-most-of-the-money"},{"credibility":3,"name":"","type":"other","url":"https://www.theblock.co/post/334172/mango-markets-to-wind-down-in-wake-of-sec-settlement-dao-battle"},{"credibility":3,"name":"","type":"other","url":"https://finance.yahoo.com/news/mango-markets-wind-down-operations-073813787.html"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/tech/2023/08/07/crypto-exchange-mangos-legal-bills-swell-a-year-after-alleged-116m-heist"}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"","type":"other","url":"https://www.trmlabs.com/resources/blog/breaking-federal-judge-overturns-all-criminal-convictions-in-mango-markets-case-against-avraham-eisenberg"},{"credibility":3,"name":"","type":"other","url":"https://www.coindesk.com/tech/2022/10/20/defi-exchange-mangos-114m-exploit-was-market-manipulation-not-a-hack-ex-fbi-special-agent-says"},{"credibility":3,"name":"","type":"other","url":"https://www.sec.gov/newsroom/press-releases/2023-13"},{"credibility":3,"name":"","type":"other","url":"https://decrypt.co/322183/mango-markets-attacker-conviction-overturned-why"}]}],"sources_used":[],"summary":"Mango Markets V3 was a Solana-based decentralized margin trading protocol that suffered a $116 million oracle manipulation attack in October 2022 executed by Avraham Eisenberg, who artificially inflated the MNGO token price to extract funds against fabricated collateral. The protocol subsequently reached a partial recovery settlement, faced SEC and CFTC enforcement actions, and formally wound down operations by January 2025.","timeline":[{"date":"2021-03-01","event":"Mango Markets founded by Daffy Durairaj and Max Schneider to bring margin trading and derivatives to Solana.","source":""},{"date":"2022-10-11","event":"Avraham Eisenberg executes oracle manipulation attack over approximately 40 minutes, extracting $116 million from Mango Markets V3 by inflating MNGO price 2,394% and borrowing against fabricated collateral.","source":""},{"date":"2022-10-12","event":"Eisenberg posts anonymous governance proposal to Mango DAO offering to return $67 million and retain $47 million as a self-declared bug bounty in exchange for immunity.","source":""},{"date":"2022-10-15","event":"Mango DAO votes to accept the settlement proposal. Eisenberg publicly identifies himself and returns $67 million to the protocol treasury.","source":""},{"date":"2022-12-01","event":"FBI arrests Avraham Eisenberg in Puerto Rico on charges of commodities fraud and manipulation.","source":""},{"date":"2023-01-09","event":"CFTC files civil enforcement complaint against Eisenberg for misappropriating over $110 million from Mango Markets.","source":""},{"date":"2023-01-20","event":"SEC charges Eisenberg with anti-fraud and market manipulation violations, alleging MNGO was an unregistered security.","source":""},{"date":"2023-08-07","event":"CoinDesk reports Mango Labs has exhausted its entire 2023 operating budget on legal fees by mid-year.","source":""},{"date":"2024-04-18","event":"Federal jury in the Southern District of New York convicts Eisenberg on all counts: commodities fraud, commodities manipulation, and wire fraud.","source":""},{"date":"2024-09-01","event":"Mango DAO reaches settlement with SEC: agrees to destroy all MNGO tokens, delist from exchanges, and pay $700,000 in civil penalties. Separate CFTC settlement adds approximately $500,000.","source":""},{"date":"2024-10-01","event":"Mango Markets announces wind-down of all operations following SEC settlement and internal DAO disputes.","source":""},{"date":"2025-01-01","event":"Mango Markets V3, V4, and Boost products fully discontinued. Project officially ceases operations.","source":""},{"date":"2025-01-01","event":"Eisenberg sentenced to four years and four months in federal prison for possession of child sexual abuse material discovered on his devices at arrest.","source":""},{"date":"2025-05-23","event":"U.S. District Judge Arun Subramanian vacates all criminal convictions against Eisenberg related to the Mango Markets exploit, citing venue deficiency and insufficient evidence of wire fraud misrepresentation. SEC and CFTC civil suits remain active.","source":""}]},"v":1}Verify offline (run on your own machine)python -m src.verify_decision 9a4dbd7e-2f68-4358-b2d9-af352cd6ab97
How verification works. The “Row integrity” check above is computed in your browser — your machine recomputes the SHA-256 of the canonical bytes and compares against the stored hash. No avoid.net server can fake that check. The “full verify” link goes one level deeper: your browser fetches the on-chain transaction from a Solana RPC node and confirms the same hash is in the memo. If you don’t want to trust either avoid.net or the public RPC, run the CLI verifier on your own machine —
python -m src.verify_decision <event_id>.