This is the end of Mango Markets. ðŸ¥
Once a rising star on the Solana network, Mango Markets has announced its shutdown.
At its peak, it reached $200M in total value locked, but the $110M exploit by Avi Eisenberg and the financial strain of an SEC settlement were too much. Despite governance votes and rebuilding efforts, the story of Mango Markets has reached its conclusion.
We’ve covered the full story behind this collapse here: https://auriccrypto.com/news/mango-markets-shutdown-sec-settlement-seals-its-fate/
#Mango #MangoMarkets #Crypto #DeFi #Solana #SEC