Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

Sam is a reporter at CoinDesk focused on decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC.

Avraham Eisenberg, who says he's part of a group that drained $114 million from decentralized crypto exchange Mango Markets last week, returned $67 million to the Solana-based decentralized finance (DeFi) hub on Saturday as he defended his actions – which some have called an exploit – as both legal and highly lucrative.

Today's tweets from Eisenberg – who was accused this week of being the Mango exploiter after allegedly executing similar attacks in the past – mark the first time he has publicly acknowledged his role in the exploit. “I believe all of our actions were legal,” he tweeted.

Mango Markets said in a tweet that its decentralized autonomous organization (DAO) community would vote in the coming days to decide how to divvy up the returned funds. Mango’s thread did not lay out a timeline for refunds but said there would be “multiple DAO votes next week.”

“Everything has to go through DAO proposals,” Daffy Durairaj, co-founder of Mango Markets, wrote in the project's Discord. “My personal goal is to make depositors whole and that's what I'll aim towards. But the mix of tokens and positions everyone had might be different”

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Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

CoinDesk - Unknown

Sam is a reporter at CoinDesk focused on decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC.

CoinDesk - Unknown

Danny is CoinDesk's deputy business editor. He owns BTC, ETH and SOL.

CoinDesk - Unknown

Sam is a reporter at CoinDesk focused on decentralized technology, DeFi and DAOs. He owns ETH, BTC and MATIC.