<ul><li>The SEC has charged Mango DAO and Blockworks for illegal sales of MNGO tokens.</li><li>Mango DAO and Blockworks allegedly acted as unregistered brokers, endangering investors by not registering and removing key protections.</li><li>Mango DAO and Blockworks raised over $70 million from the sale of MNGO tokens without proper legal channels.</li><li>Mango DAO, Blockworks Foundation, and Mango Labs have agreed to settle the charges and pay nearly $700,000 in penalties.</li></ul>

SEC Charges Mango DAO, Blockworks for Illegal Sales

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