According to Odaily Planet Daily, Solana Ecosystem DEX Mango Markets is preparing to settle with the US SEC over allegations that it violated a series of securities laws. Mango DAO, the entity that manages Mango Markets, began voting on the "SEC Settlement Proposal" on Monday, which would have it pay hundreds of thousands of dollars in fines, destroy its holdings of MNGO tokens, and seek to be delisted from other trading platforms. The SEC has not yet accepted the proposal. But if this vote passes and the agency does accept the proposal, the future of Mango Markets could become very uncertain. It is unclear how the daily functions of Mango Markets will be maintained by then.