The Mango Markets Attacker on Whether His ‘Trade’ Was Ethical or Not – Ep. 413

Avraham Eisenberg, blogger at DeepFi Value – more commonly known as the Mango Markets attacker – shared his insights about the exploitation of code, his personal story, and why there’s hatred directed towards profitable traders. 

Show highlights:

• Laura’s description of the Mango Markets exploit
• the way in which code gets used in a different way from the original intention
• why Avi decided to return part of the funds he got from exploiting Mango Markets
• Avi’s clarification of a misconception regarding the bad debt of Mango Markets
• the difference between arbitrage trades and exploits
• why people making profitable strategies are hated, according to Avi
• how Avi got into crypto and the story of his failed online business 
• whether it is possible to run non-zero-sum games
• what he thinks of Compound’s decision to pause activity on illiquid assets

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Avi

Mango Markets exploit

Avi’s online business story

Compound Votes to Pause Activity for Illiquid Crypto Assets