Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation 🏛️
Solana-based decentralized exchange Mango Markets is contemplating a $500,000 civil penalty to address the CFTC’s allegations against the platform.
The proposed settlement aims to resolve ongoing regulatory issues and help the platform navigate potential legal hurdles.
This decision underscores the increasing regulatory scrutiny facing decentralized finance platforms.
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