🚀 Big news in the crypto world! The SEC has settled charges with Mango DAO, Mango Labs LLC, and Blockworks Foundation over the unregistered MNGO token. As part of the deal, the entities will destroy their MNGO tokens and pay $700,000. The settlement is pending court approval. 🏛️
Mango DAO members recently voted on this proposal, showing the power of decentralized governance. But what’s next for Mango without its governance token? 🤔
Join the discussion! What do you think about the SEC's stance on DAOs and unregistered securities? Drop your thoughts below! 👇 #CryptoNews #Blockchain