ChainCatcher news, according to Protos, Mango DAO members John Kramer and Max Schneider successfully pushed a proposal last week to lock 80 million MNGO tokens in exchange for 67.5 million token options. However, Mango Labs founder Dafydd Durairaj warned that this proposal "could be seen as a sale of MNGO, jeopardizing our settlement agreement with the SEC."Durairaj opposed the proposal within the community, stating that this move would lead the SEC to re-examine the case, and all members could face legal consequences. Meanwhile, the proposal "consolidated the two's complete control over the DAO."It is reported that both Schneider and Kramer are core members of Mango DAO, and Mango Labs had filed a lawsuit in October this year, accusing the two of attempting to misappropriate $10 million in DAO funds during the Avraham Eisenberg case.

ChainCatcher news, according to Cointelegraph, Mango Labs has filed a lawsuit against John Kramer and Maximilian Schneider, accusing them of misappropriating $10 million from the Mango decentralized autonomous organization (DAO). John Kramer and Maximilian Schneider held trustee positions in the DAO and are accused of conspiring to profit illegally while they purchased the DAO's MNGO governance tokens held by the bankrupt FTX on behalf of the DAO.The Mango Labs lawsuit alleges that the two violated their fiduciary duties, breached Puerto Rico's civil law regarding damages, fraud/misrepresentation, and unjust enrichment. The organization seeks monetary damages, punitive and exemplary damages, as well as the return and forfeiture of improperly obtained funds, including interest and fees.

ChainCatcher news, according to Bloomberg, Mango Markets attacker Avraham Eisenberg stated that he should not be required to repay more disputed funds, having returned $67 million of the $114 million in tokens obtained during the trading.Mango Labs, on the other hand, is requesting the Manhattan federal court to order Eisenberg to repay the remaining amount and claims that its settlement with Eisenberg should be voided as it was reached under duress. (source link)

ChainCatcher news, Mango Labs LLC has officially sued the attacker Avraham Eisenberg in Manhattan, demanding the return of the $47 million bounty for the vulnerability that was retained in the previous compensation proposal.Previously, ChainCatcher reported that the Solana ecosystem DeFi platform Mango was hacked in October 2022, with hacker Avraham Eisenberg illegally manipulating the collateral token prices to profit $114 million in just 20 minutes. Subsequently, the Mango community voted to approve a new proposal regarding the repayment of bad debt (Repay Bad Debt #2), allowing Avraham Eisenberg to keep $47 million as a bounty for the vulnerability, while the remaining $67 million in stolen tokens would be returned to Mango Labs, and Mango Markets would not pursue criminal charges in this case. (source link)

ChainCatcher news, according to Bloomberg, Mango Labs LLC has sued attacker Avraham Eisenberg in Manhattan. The trader made $114 million in 20 minutes by illegally manipulating the price of its cryptocurrency tokens on its exchange in October. Avraham Eisenberg agreed to return $67 million of that amount, while Mango seeks to recover the remaining funds.It is reported that Mango attacker Avraham Eisenberg was arrested in December in Puerto Rico and has been charged by the U.S. Commodity Futures Trading Commission and the U.S. Securities and Exchange Commission for manipulating the MNGO token. (Source link)