The U.S. Securities and Exchange Commission isn’t volunteering to clarify what makes a crypto token a security, but the agency showed some of its hand in enforcement documents crypto lawyers are studying like scripture.
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Mango DAO, Blockworks Foundation settle SEC charges for $700K, agree to delist MNGO
The US Securities and Exchange Commission (SEC) settled charges against Mango Markets’ decentralized autonomous organization (DAO) and the Blockworks Foundation...