US SEC fees Mango Markets with providing unregistered crypto token By way of Reuters
(Reuters) – The U.S. Securities and Alternate Fee on Friday charged cryptocurrency buying and selling platform Mango Markets with unregistered gross sales of its virtual asset token, which the regulator recognized as a safety.
The SEC additionally settled fees in opposition to Mango Labs and Blockworks Basis for failing to check in as agents, the company stated.
Jurors in federal court docket in Long island previous this 12 months convicted a crypto dealer of commodities fraud for rigging the Mango Markets trade and stealing about $110 million from the platform.
