**News Flash: Mango Markets Faces New Regulatory Hurdles**

Mango Markets, the decentralized crypto exchange, is in the spotlight again. After a multimillion-dollar hack and pricey regulatory probes, the exchange now faces a six-figure settlement with the Commodity Futures Trading Commission (CFTC).

- **Charges**: Failing to register as a commodities exchange and offering services to U.S. customers without proper ID checks.

- **Proposed Settlement**: Mango DAO to pay a $500,000 fine, without admitting or denying wrongdoing.

- **Approval Needed**: The settlement must be approved by MNGO token holders and CFTC commissioners.

What do you think about this ongoing saga? Share your thoughts in the comments! 🚀