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Mango Markets DAO Members Vote in Favor of SEC Settlement Mango Markets DAO Members Vote in Favor of SEC Settlement

Mango Markets DAO Members Vote in Favor of SEC Settlement

The crypto token holders that manage Mango Markets voted to approve a settlement with the US Securities and Exchange Commission even though the agency hasn’t charged the DeFi platform with any wrongdoing.

In April, a trader accused of exploiting Mango Markets rules to steal $110 million from the decentralized-finance exchange was convicted of fraud in the first US trial involving criminal charges tied to cryptocurrency manipulation.

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Olga Kharif

https://www.bloomberg.com/news/articles/2024-08-20/mango-markets-dao-members-vote-in-favor-of-sec-settlement?srnd\u003dphx-crypto

2024-08-20 18:55:55

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