Odaily Planet Daily News Solana Ecosystem DEX Mango Markets is currently preparing to settle with the US SEC over allegations that it has 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 required it to 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 (it has received enough votes to pass) and the agency does accept the proposal, the future of Mango Markets may become very uncertain. It is unclear how the daily functions of Mango Markets will be maintained at that time. (CoinDesk)