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US SEC Settlement: Mango DAO Rejects Proposal To Pay Commission

source-logo  coingape.com 10 October 2024 03:25, UTC

The Mango DAO has rejected the proposal to pay the US Securities and Exchange Commission (SEC) $700,ooo as part of Mango Market’s settlement with the US SEC for their unregistered MNGO token sales. This comes amid the Crypto Com’s recent lawsuit against the Commission following a Wells Notice, which the regulator issued to the crypto exchange.

coingape.com