SEC Fines Mango DAO and Blockworks Foundation $700K for Selling Unregistered Securities! 🚀

- SEC Charges Mango DAO & Blockworks Foundation with Violating Securities Act of 1933 for Raising $70M from MNGO Token Sale.

- Mango Labs Named Unregistered Broker, Violating Securities Act of 1934.

- Mango DAO Votes to Pay $223,228 Fine and Destroy Tokens.

- New Proposal: Mango Markets Wants to Settle with CFTC for $500K, Without Admitting Wrongdoing.

What do you think of this move? Comment Now! 💬#CryptoNews#Blockchain #BTC