**Mango Markets Faces $500K Fine: CFTC Investigation Continues**

- **What's Happening?** Solana-based DEX Mango Markets might soon pay $500,000 to settle CFTC allegations.

- **The Charges:** Failing to register as a commodities exchange, illegal services in the US, and poor KYC measures.

- **The Proposal:** Mango DAO suggests paying to avoid litigation. No admission of guilt.

- **DAO Votes:** Overwhelming support with 123,475,000 votes in favor, 0 against.

- **Background:** This follows a $670K SEC settlement in August and a $110M exploit in 2022.

Looks like Mango Markets is in the business of making regulators rich! 💸