🚀 SEC vs. Mango DAO: The Plot Thickens! 🍿

In a twist worthy of a DeFi drama, the SEC has settled charges with Mango DAO, Mango Labs LLC, and Blockworks Foundation, claiming the MNGO token was an unregistered security. The entities will destroy their MNGO tokens and pay $700K, pending court approval. 🏛️

Mango DAO's future is hazy without MNGO, but the community voted to accept the settlement. SEC's stance? "DAO" isn't a magic word to dodge regulations! 🪄

What do you think? Is this the end of Mango DAO or a new beginning? Drop your thoughts below! 💬👇 #DeFi #Web3 #CryptoNews