MangoDAO’s proposed SEC settlement faces scrutiny over potential impact on investors

The DAO behind the Solana-based DeFi protocol, Mango Market, has overwhelmingly approved a proposal to settle a securities violation case with the US Securities and Exchange Commission (SEC). On Aug. 19, MangoDAO submitted the SEC Settlement Offer Proposal to avoid further litigation after the financial regulator accused the platform of securities violations. Under the proposal, […] source: https://cryptoslate.com/mangodaos-proposed-sec-settlement-faces-scrutiny-over-potential-impact-on-investors/