Mango attackers disclose their identities, claiming that all their actions are legal

ChainCatcher news, according to The Block, Avraham Eisenberg, the mastermind behind the Mango exploit incident, released a statement confirming that he orchestrated the attack on Mango. Avraham Eisenberg stated, "Last week I joined a team executing a high-profit trading strategy. By using a designed protocol, I believe all our actions were legitimate public market actions, even if the development team did not fully anticipate all the consequences of setting the parameters in this way."

Additionally, he declined to comment on the size of his team. It is reported that Avraham Eisenberg invested a total of $10 million and subsequently profited $114 million from Mango Markets. This "trade" manipulated the price oracle to triple the price of Mango Token, rising from $0.30 to $0.91. This increased the value of the collateral, allowing Eisenberg and his team to borrow more funds from the protocol.

ChainCatcher reported yesterday that the Mango community voted to allow Eisenberg to keep $47 million while returning the remaining $67 million to the project. According to on-chain data, shortly after the voting began, Eisenberg returned tokens worth approximately $8 million. The remaining funds have now been returned to Mango Markets (on Solana and Ethereum chains), including $48 million in SOL, $10 million in USDC, and $90,000 in GMT. (source link)