According to the news from the Coin World Network, the decentralized cryptocurrency exchange Mango Markets has withstood a multi-million dollar hack and the expensive regulatory investigation that resulted from it. The group may soon suffer another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC). According to the statement in its Discord server and the proposal on the governance page, the crypto derivatives trading center faces CFTC charges for allegedly failing to register as a commodity exchange, illegally providing services to US customers, and failing to verify the identity of its customers. DEX allows users to trade perpetual futures contracts. On Sunday, Mango Markets' legal representatives disclosed the investigation and proposed a solution: the exchange management agency Mango DAO will pay a $500,000 fine to the CFTC. Mango DAO will not admit or deny any wrongdoing, but will avoid pending litigation. The settlement agreement has not yet been settled. It still needs to be approved by the holders of Mango Markets' governance token MNGO. As of press time, the proposal is almost certain to be approved. Once the obstacles are cleared, the settlement agreement must also be accepted by the CFTC commissioner.