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Fortune
Fortune
Jeff John Roberts

The Solana hacker who stole $100M is a bad man. But is he a criminal?

An illustration of an arm reachout out of a computer monitor into another monitor, stealing a digital currency (Credit: sorbetto via Getty Images)

Avraham Eisenberg is not a good person. The crypto trader and self-described game theorist exploited a weakness in a decentralized Solana market for over $100 million last October and then agreed to give some of it back—so long as the service let him keep $67 million as a reward for finding the weakness. Meanwhile, a DAO project called Fortress previously accused Eisenberg, in his capacity of lead developer, of bilking it of $14 million.

Eisenberg says he's done nothing wrong. In the wake of the Solana exploit, he congratulated himself on Twitter, describing his decision to loot the project as a "highly profitable trading strategy." His indifference to the harm he inflicted on the project's developers and innocent traders shows Eisenberg is ruthless and callous. In short, he's a bad guy.

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