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Mango Markets Alleged Manipulator To Stand Trial This Week For $110 Million Theft, Used MNGO For Fraud
![Mango Markets Alleged Manipulator To Stand Trial This Week For $110 Million Theft, Used MNGO For Fraud](https://dailybusinessinvestor.com/wp-content/uploads/2024/04/1712605290-1702894402-1520171738058-nTRvvF-800x430-2.jpg)
News about this case has been circulating a lot recently. In essence, an individual accused of manipulating Mango Markets, a prominent decentralized exchange, is due to stand trial this week. He is alleged to have fraudulently acquired $110 million, utilizing MNGO (Mango’s native token) in the process.
The suspect’s tactics reportedly involved sophisticated technological methods to manipulate the price of Mango’s native cryptocurrency, MNGO, help him steal the large amount. These details should be further elucidated