🥭 Big news from Mango Markets — the DEX on Solana is shutting down after a rollercoaster ride of lawsuits, coordinated attacks, and DAO drama.

This decision comes after settling with the SEC and coughing up $700k in civil penalties. 💸

Co-founder Maximilian Schneider shared in the Discord on January 3rd that “everyone seems ready to wrap things up with Mango altogether or specifically with Mango v4 & Boost,” calling for an “elegant” shutdown.

The community voted, and it was a near-unanimous decision to close the decentralized exchange. This will officially go into effect on January 13th. 📅 #CryptoNews #MangoMarkets