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Mango Markets to Resume Crypto Trading, SEC Be Damned

Developers behind the shuttered decentralized crypto exchange Mango Markets say they’re pushing forward with a relaunch of the project – even as the U.S. Securities and Exchange Commission (SEC) alleges the project’s native token, MNGO, is a security.

On a call Sunday with Mango developers, which CoinDesk attended, project founder Daffy Durairaj pledged to proceed with the software upgrade that will restart Mango Markets, the once-popular venue for trading, borrowing and lending cryptocurrencies on Solana. 

Mango Markets SEC
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