Mango Markets (MNGO), a decentralized exchange, intends to settle with the Commodity Futures Trading Commission (CFTC) over crypto trading violations. The settlement includes a $500,000 fine for Mango Markets. The CFTC has accused Mango Markets of offering illegal leveraged crypto trading products without registering with the agency. To finalize the settlement, Mango Markets will need approval from its MNGO token holders. The proposal has been shared on the project's Discord and governance page. This settlement highlights the increasing regulatory scrutiny over crypto exchanges and the need for compliance with financial regulations.