Mango Market judgment in the USA-signal effect for German crypto victims?

US court emphasizes the guilty verdict against crypto exploiters: what the judgment means for German investors in crypto fraud-and when they can reclaim their money.

In the United States, a judgment on the exploit of the crypto platform Mango Markets causes a stir: a defendant who had taken around $ 110 million from the system through targeted market manipulation was acquitted. The court stated that the mango platform was technically poorly designed-and anyone who uses such a weak point without acting actively does not commit criminal behavior.

But what does that mean for German crypto victims? When is an attack punishable – and when is someone still liable for the loss? And: How do you get your money back when you have become the victim of a crypto scam?

The judgment: acquittal despite the loss of millions

The case concerns the US crypto dealer Avraham Eisenberg, who manipulated the Mango Markets platform on a sophisticated price exploit in 2022. He lifted himself to a massive credit line with artificially excessive prices, picked up around $ 110 million-and later paid back 67 million, supposedly as a comparison with Mango Dao.

Now a US court has decided that the mango platform was technically poor. The exploit is morally questionable, but is not legally fraud because there were no false information. The result: the guilty verdict due to market manipulation and fraud was lifted.

The uncertainty for investors: Who protects confidence in the blockchain?

For many investors, the question now arises: If there is no punishable behavior even in the event of loss of millions – who then protects the capital of small investors?

Especially in Germany, uninvolved victims are also increasingly becoming dangerous gray areas: – Technical platform errors are not regulated. -law enforcement officers are often difficult for crypto transactions. – Victims often have to prove themselves who is behind Wallets, platforms or fraud structures.

Why the judgment is still not a license for fraudsters

Even if the Mango Markets judgment causes a stir: different standards apply in Germany. Not only is the technical process crucial, but also: – Was there a fraudulent deception? – victims were targeted in a targeted manner – e.g. B. with fake trade surfaces, fake wallets or promised payments? – Can the process be reconstructed through the blockchain?

In over 90 % of German cases of crypto fraud, there are no technical exploits in the room – but classic deception about non -existent profits, fictitious stock exchanges and payouts that are never redeemed.

What can German crypto victims do?

If you have paid money on a platform and then always received new preliminary walls for further payments (e.g. “tax”, “fee”, “verification”, “VIP access”), you have most likely become the victim of a classic crypto scam.

The good news: The trail can almost always be traced back-via blockchain tracing, evaluation of the payment methods and technical reports.

Typical approaches to the recovery are:-Civil law lawsuits against the recipient banks-Civil law assertion of reimbursement according to § 812 BGB-Criminal charges with the aim of creating assets-International legal assistance procedures for identified wallet addresses-Message to Bafin If the platform is missing

Why now counts fast

The longer you wait, the greater the risk that evidence will disappear – or perpetrator accounts will be emptied. Blockchain transactions can be understood-but not forever secure jurisdiction when platforms disappear or domains are switched off (as with mango markets).

I therefore recommend:-Immediate evidence: screenshots, wallet addresses, payment receipts, chat history-blockchain lan lock through specialized tools-Legal initial assessment of the recovery options

Often there are unexpected liability options, for example due to incorrect risk processes of the recipient bank (BGH XI ZR 56/07) or omitted warning obligations for unusual crypto payments.

Conclusion:

The mango judgment is not a license for crypto exploiters-but a wake-up call for German investors to act in good time.

If you think you have become the victim of a crypto scam: let your case check your case professionally. I will help you to trace the trace of money – and show you whether, where and against whom you can enforce your claims.

Make your free initial assessment now – together we strengthen your rights and get your money back!

Now contact me for an individual initial assessment. Register now-via anwalt.de, by email [email protected]by phone or directly via mine Law loan.

The faster you act, the better the chances of success.