💡Mango Markets Settles Securities Lawsuit from SEC
Mango DAO has voted to settle the matter. This includes paying $229,000 in fines, destroying MNGO tokens, and delisting the token from other platforms.
In 2022, Mango was hacked by Abraham Eisenberg for $110 million.
Eisenberg is currently under criminal investigation for fraud and manipulation in the DeFi space.
Mango Markets is also under investigation by the DOJ and CFTC.
Mango DAO has voted to settle the matter. This includes paying $229,000 in fines, destroying MNGO tokens, and delisting the token from other platforms.
In 2022, Mango was hacked by Abraham Eisenberg for $110 million.
Eisenberg is currently under criminal investigation for fraud and manipulation in the DeFi space.
Mango Markets is also under investigation by the DOJ and CFTC.
