Courtroom Shock: Judge Tosses Convictions in Mango Markets Crypto Exploit Case
DeFi just got a plot twist—legal uncertainty strikes again.
A federal judge overturned fraud convictions tied to the $100M+ Mango Markets exploit, sending shockwaves through crypto’s regulatory gray zone. The ruling hinges on whether on-chain actions qualify as ’traditional’ fraud—because apparently, draining a protocol via oracle manipulation is now a philosophical debate.
Bonus jab: Wall Street still can’t decide if crypto is a security or a scam, but at least they’re consistent—charging fees either way.