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How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango

The trader capitalized on a lack of liquidity by manipulating the price of MNGO on decentralized exchange, Mango.

Updated Oct 12, 2022, 5:26 p.m. Published Oct 12, 2022, 10:11 a.m.
A rogue crypto trader utilized millions of dollars to manipulate the prices of Mango’s MNGO. (Shutterstock)
A rogue crypto trader utilized millions of dollars to manipulate the prices of Mango’s MNGO. (Shutterstock)