Mango Markets exploiter Avraham 'Avi' Eisenberg was convicted on charges related to the over $110 million exploit of digital asset platform, reports Bloomberg. 

What happened

Eisenberg's trial began on April 9 and lasted a little more than a week.

Eisenberg was arrested in December 2022 in Puerto Rico. Prosecutors charged him with commodities fraud, market manipulation and wire fraud in connection with the hack of the decentralized crypto exchange Mango Markets.

Mango Markets was exploited in October 2022 after the price of MANGO, the platform's native token, was artificially pumped. The protocol was then exploited through a bad debt position, when a borrower took funds that would not or could not be paid back, leaving Mango Markets in the hole.

The exploit involved putting $5 …