Avraham “Avi” Eisenberg, the person in the help of the Mango Markets exploit, has been arrested in Puerto Rico.

A Dec. 27 court docket filing from the U.S. Attorney’s administrative heart disclosed that Eisenberg became once arrested on Monday evening on costs associated to market manipulation. A criticism that became once therefore unsealed contained a deposition from FBI Special Agent Brandon Racz, alleging that Eisenberg knowingly manipulated the value of futures contracts on DeFi protocol Mango Markets.

The criticism alleges that Eisenberg participated in a contrivance to take dangle of roughly $110 million by artificially manipulating the value of MNGO perpetuals. Special Agent Racz referenced Eisenberg’s tweets on Oct. 15, taking credit for the exploit which he described as a “extremely a success buying and selling diagram.”

Racz acknowledged that Eisenberg’s tweets made it determined that he became once conscious that he became once breaking the law. Racz additionally reviewed Eisenberg’s slump files and stumbled on that Eisenberg flew from the U.S. to Israel.

“In response to the timing of the flight, the slump looks to had been an effort to steer clear of apprehension by law enforcement in the instantaneous aftermath of the Market Manipulation Plot,” acknowledged Racz.

Despite the very fact that his actions would now suggest otherwise, Eisenberg portrayed an image of self belief after taking possession of the exploit in October, claiming his actions had been ultimate in launch market prerequisites.

In a tweet on Oct. 15, Eisenberg claimed he became once the employ of the protocol as designed, despite the very fact that the developers did no longer await the outcomes of how the Mango Markets’ parameters had been set up.

He returned $67 million to the Mango DAO, conserving the remainder of the stolen funds.

When requested why he selected to publicly repeat that he became once the exploit’s perpetrator in an episode of Unchained, Eisenberg acknowledged that any a success dealer would entice some amount of abominate and jealousy.

“You observe at one of the most stuff of us hiss about Sam [Bankman-Fried]. He’s clearly made billions of greenbacks with varied varied a success trades. He will get plenty of abominate,” acknowledged Eisenberg on the time.

As for the wider implications of Eisenberg’s arrest, Delphi Labs General Counsel Gabriel Shapiro tweeted that this became once no longer an right case on which to prefer regulatory elements intelligent DeFi and that it would perchance perchance also set the crypto circulate help.