Mango Market exploiter brags after rug pulling Mango Inu 'shitcoin'
In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a “shitcoin” called Mango Inu, again claiming he "did nothing wrong."
Eisenberg recently ousted himself as one of the persons behind the recent $117 million exploit of the Solana-based decentralized finance (DeFi) platform Mango Markets, which he has also claimed was "legal."
In an Oct. 23 post on Twitter, Eisenberg said the scheme involved deploying a “shitcoin" named Mango Inu, which he suggests was aimed at "exploiting bots" that gobble up newly launched tokens.
Eisenberg said the strategy involved deploying tokens, adding liquidity, and then "rug" right after the bots buy the token.
“Talked to someone who would deploy coins, add liquidity, and rug right after the bots bought, was a good low capacity strat last year when the bots bought anything that moved,” he said.
Much like the Mango Markets exploit, when people on Twitter questioned the morality and legality of the whole ordeal, Eisenberg argued that he hadn’t broken any laws as there was no promotion of the token:
Eisenberg said the token managed to get over $250,000 “invested/gambled” within half an hour with "absolutely no promotion," and that the fact that it occurred meant that "we're still so far away from the bottom."
He also explicitly warned not to buy the token, as "if you buy this you will definitely lose all your money.”
The other day I deployed a shitcoin called Mango Inu and did absolutely no promotion. It got over 250k invested/gambled in like a half hour. We're still so far away from the bottom.(to be clear if you buy this you will definitely lose all your money)
The Mango Inu token is another example of
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