Mango Markets will begin to pay back investors after the $114 million attack.
Solana DeFi trading platform Mango Markets was recently hacked for $114 million. In the attack, Mango Markets’ deposits were disabled and steps were taken to freeze third-party funds. With the agreement made later, $ 47 million of the fund he stole was left to the hacker. Now steps are being taken for investors.
Mango Markets Rebounds After Attack
Mango Markets is starting to refund users after the $114 million attack.
Mango Labs co-founder Daffy Duriraj said in a post on Twitter:
“The depositors’ fund recovery program should be under review and ready by tomorrow morning. Many thanks to all Mango participants who worked tirelessly to make this happen”
The program for depositors to recover funds is in audit and should be ready to go by tomorrow morning.
Much thanks to all the Mango contributors working tirelessly to make this happen 🙏
— daffy (@dadadadaffy) October 20, 2022
Avraham Eisenberg, the man behind the attack, claimed he did nothing illegal. The community voted to allow Eisenberg to retain $47 million under the error bounty and return $67 million.
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