Judge don cancel Mango Markets DeFi Exploit conviction, cause wahala for regulation

One U.S. court don cancel the criminal conviction of one man, Avraham Eisenberg, wey dem accuse of fraud and market manipulation after he use im smart to exploit a $110 million problem for Solana-based Mango Markets decentralized finance (DeFi) platform for 2022. The judge rule say wetin Eisenberg do, even though e get controversy, no go against the current criminal fraud laws. This one show say dem get big confusion when dem wan use traditional financial laws for DeFi protocols. This major legal development dey show say the law wey dey regulate market manipulation, DeFi exploits, and how dem dey use smart contracts dey change. This ruling fit set new standard, and e go affect how future regulatory bodies go supervise and enforce rules for cryptocurrency and DeFi sectors. For crypto traders and people wey dey run protocols, this decision don raise new concerns about clear regulations, how secure platforms be, and the legal responsibility of decentralized exchanges. All of this fit affect how people trust the market and how dem dey trade.