🚨 Mango Markets, a decentralized crypto exchange (DEX) on the Solana blockchain, is facing regulatory inquiries in the US following the October 2022 theft of over $100 million by alleged fraudster Avi Eisenberg. The DEX's governing body, MangoDAO, is now voting on whether to appoint a representative to handle US regulatory matters.

- Mango Markets was once the top on-chain trading venue for Solana-based investors.

- The SEC, CFTC, and DOJ are all investigating Eisenberg's alleged market manipulation.

- Mango Labs, the DEX's previous legal guardian, is stepping back due to potential conflicts of interest.

What do you think about Mango Markets' situation? Share your thoughts in the comments! 💬