Challenges faced by Mango Markets

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Challenges faced by Mango Markets

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On 27th of September, 2024 Mango DAO settled with the SEC on charges of selling unregistered securities and operating as an unregistered broker

In April, 2024 Senior Mango DAO contributors were accused of enriching themselves by buying MNGO governance tokens and then orchestrating a proposal to sell them back to the DAO at an inflated price on April 2024

In October of 2022 Mango Markets suffered a major exploit in which hacker gained over $100 million from the platform users

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Referenced by

Mango DAO votes to close Mango Markets DeFi marketplace

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