Mango DAO Agrees to $700K SEC Settlement for Unregistered Token Sales –
Mango DAO and partners settled with the SEC over unregistered MNGO token sales. The entities agreed to pay $700,000 in penalties to the SEC. The U.S. Securities and Exchange Commission (SEC) declared a settlement with Solana-based DeFi platform Mango DAO and Blockworks Foundation for selling unregistered crypto assets known as “MNGO” tokens. SEC Mango DAO…