The crypto derivatives trading hub faces CFTC charges for allegedly failing to register as a commodities exchange, for illegally offering services to U.S. customers and failing to check its customers’ identities, according to statements in its Discord server and a proposal on its governance page. The DEX allows users to trade perpetual futures contracts.
Source: https://www.coindesk.com/policy/2024/09/23/mango-markets-mulls-cftc-settlement-over-crypto-trading-violations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines