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Trader Says Code Let Him Withdraw Millions. Prosecutors Say He Crossed a Line
- shagie 4y agoOriginal title: A Trader Says Code Allowed Him to Withdraw Millions From a Crypto Exchange. Prosecutors Say He Crossed a Line. Free share link: https://www.wsj.com/articles/a-trader-says-code-allowed-him-to-withdraw-millions-from-a-crypto-exchange-prosecutors-say-he-crossed-a-line-9f6ddbd7?st=qhd9nqtsdvu4b5n&reflink=desktopwebshare_permalink https://www.wsj.com/articles/a-trader-says-code-allowed-him-... --- > Federal authorities arrested Avraham Eisenberg in Puerto Rico in December, accusing the 27-year-old trader of manipulating prices on a crypto exchange called Mango Markets and draining more than $100 million from the platform. > Mango Markets all but collapsed after Mr. Eisenberg withdrew the money on a single day in October, authorities said. Mr. Eisenberg had defended his actions, saying he did only what Mango’s software code made possible.