US SEC charges Mango Markets with offering unregistered crypto token

(Reuters) – The U.S. Securities and Exchange Commission on Friday charged cryptocurrency trading platform Mango Markets with unregistered sales of its digital asset token, which the regulator identified as a security.

The SEC also settled charges against Mango Labs and Blockworks Foundation for failing to register as brokers, the agency said.

Jurors in federal court in Manhattan earlier this year convicted a crypto trader of commodities fraud for rigging the Mango Markets exchange and stealing about $110 million from the platform.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Is Robinhood’s Crypto Charm Fading? Q2 Digital Asset Revenue Dropped Another 36%

    • July 31, 2025
    Is Robinhood’s Crypto Charm Fading? Q2 Digital Asset Revenue Dropped Another 36%

    Interactive Brokers Brings “Yes-or-No” Trading to Europe With Forecast Contracts

    • July 30, 2025
    Interactive Brokers Brings “Yes-or-No” Trading to Europe With Forecast Contracts

    Tariff Madness Continues as Capital.com Q2 Trades Rise 22%, Volume Hits $850 Billion

    • July 30, 2025
    Tariff Madness Continues as Capital.com Q2 Trades Rise 22%, Volume Hits $850 Billion

    London-based Trading Technology Provider MahiMarkets Joins Match-Trader for Unified Pricing

    • July 30, 2025
    London-based Trading Technology Provider MahiMarkets Joins Match-Trader for Unified Pricing