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Just saw that Avraham Eisenberg got hit with 52 months in prison, but here's the thing - it's not actually for the Mango Markets exploit. The sentencing was for CSAM charges he pleaded guilty to. Prosecutors found over 1,200 explicit images of children on his devices after his arrest.
So context: Eisenberg was the guy who drained $110 million from Mango Markets back in 2022 by exploiting the protocol. He got convicted on fraud and manipulation charges last year, but the judge basically said there's a real possibility he could get a retrial on those counts. The judge acknowledged issues with venue and how the prosecution proved their case.
But yeah, the main sentence Thursday was about the CSAM stuff. Judge said general deterrence matters here - basically that prison time is necessary to try to stop distribution of this material. Eisenberg also has to do five years probation after release, install monitoring software on all devices, and go through a drug program.
The crypto fraud conviction is still hanging over him though. His defense team argued his actions on Mango Markets were actually compliant with the protocol design, which... a jury didn't buy that argument. Wild case overall - Eisenberg even fled to Israel after people figured out he was behind the exploit.