Source: Coindesk.com
The U.S. Securities and Exchange Commission (SEC) settled charges with Mango DAO, Mango Labs LLC and Blockworks Foundation alleging that the MNGO token was an unregistered security and that the latter entities offered unregistered broker services.
The entities will destroy their MNGO tokens and ask crypto exchanges to stop trading the tokens, as well as pay $700,000
Read More https://www.coindesk.com/policy/2024/09/27/mango-markets-agrees-to-destroy-mngo-tokens-in-sec-settlement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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Source: Coindesk.com
