Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
28 Sep 2024
Mango Markets Agrees to Destroy MNGO Tokens in SEC Settlement
Mango Markets, a decentralized trading platform (DeFi), has agreed to destroy its own MNGO tokens after reaching a settlement with the U.S. Securities and Exchange Commission (SEC). The agreement comes after the SEC classified MNGO tokens as unregistered securities, prompting Mango Markets to take this measure to mitigate legal risks
