In this case, the agency said that despite MNGO’s labeling as a “governance token,” it “was purchased and sold as a crypto asset security.” Its holders had expectations of profit and “entered into a c...
Tag: MNGO
Did DOJ Just Classify MNGO as Commodity?
The arrest of Mango Markets exploiter has drawn reactions from the crypto community, particularly regarding the terms of the charges he faces. Mango (MNGO) markets exploiter, Avraham Eisenberg, was re...
DOJ did not classify MNGO as a commodity
Avraham Eisenberg was arrested in Puerto Rico on Dec. 26 on commodities fraud and manipulation charges relating to the $110 million exploit of the decentralized Mango Markets exchange. Eisenberg had s...