đ Mango Markets, the decentralized crypto exchange, is facing another challenge! After surviving a multimillion-dollar hack and regulatory probes, Mango DAO is now looking at a $500,000 settlement with the CFTC for allegedly failing to register as a commodities exchange and other violations.
đ§ The proposal needs approval from MNGO token holders and the CFTC's commissioners. Will Mango DAO navigate this storm successfully? Share your thoughts below!
P.S. Remember their $700K settlement with the SEC last month? This saga is far from over! #CryptoNews #DeFi #MangoMarkets