Mango Markets DAO proposes $223K settlement with SEC over securities violations

Mango Markets, once a leading decentralized exchange on Solana, is preparing to settle with the SEC over allegations of securities law violations. The protocol's governing body, Mango DAO, has initiated a vote on a settlement proposal that would involve paying fines and ceasing operations of its MNGO token.The proposed settlement comes in the wake of a $110 million exploit by Avraham Eisenberg... source: https://cryptobriefing.com/mango-markets-sec-settlement/