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October 1st, 2024

US SEC charges Mango Markets with offering unregistered crypto token

Did you know US SEC charges Mango Markets with offering unregistered Crypto token?

The SEC has charged Mango DAO, Blockworks Foundation, and Mango Labs LLC for the unregistered sale of crypto assets, specifically "MNGO" governance tokens, on the Mango Markets platform. The entities raised over $70 million from investors without registering with the SEC, depriving them of federal securities protections. Mango DAO and Blockworks Foundation were charged for violating the Securities Act, while Blockworks Foundation and Mango Labs were charged for unregistered broker activities. The companies have agreed to settle by paying nearly $700,000 in penalties, destroying MNGO tokens, and removing them from trading platforms.

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John Morley Serial Entrepreneur & Podcast Coach

Greetings! I'm John C. Morley, a seasoned serial entrepreneur, engineer, marketing specialist, and a nationally recognized talk show host on both the internet and AM/FM radio. My journey through the realms of business and self-improvement has been nothing short of remarkable, and I am driven by my passion for motivating others to become the best versions of themselves.

My flagship show, IFYL (Inspirations for your Life), has achieved a significant milestone with over 20,000 downloads, a testament to the compelling stories and insightful discussions we bring to our listeners. You can explore my experiences and insights more by visiting my content hub at http://believemeachieve.com.

What sets me apart as a guest is my diverse background and my unwavering commitment to personal and business well-being. I don't set goals in life; I make promises and ensure they come to fruition. This determination and dedication have fueled my journey, and I believe it can inspire and motivate your audience, too.

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