US Court orders detention of Mango Markets exploiter over flight risk

The United States District Court detention Mango Markets exploiter Avraham Eisenberg has expressed concern that he may flee before the trial is over.

Avraham Eisenberg was arrested on Dec. 27 on suspicion of stealing approximately $110 million worth of assets by exploiting Mango Markets. Defendant has publicly admitted to carrying out the attack.

Prior to his arrest, Eisenberg reportedly left the United States for Israel to escape prosecution.

According to December 4th Court submissionEisenberg was previously convicted of criminal offenses and committed mango market exploits while out on bail.

As a result, the district court ordered Eisenberg remanded to prison to ensure he did not escape before the trial was completed.

The court added that Eisenberg’s background information has not been verified, making it difficult to track him down if he escapes.

The Mango Markets exploiter has been remanded to the custody of U.S. Attorney Damien Williams, who oversaw his imprisonment and extradite him to trial at the court’s request.

After the exploit, Eisenberg reportedly returned about $67 million to the Mango DAO. Up to $40 million remains missing, according to court filings.

As a result, if convicted, Eisenberg could face up to 20 years in prison.