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( Reuters) – The United State Stocks and Exchange Compensation on Friday billed cryptocurrency trading system Mango Markets with non listed sales of its electronic property token, which the regulatory authority recognized as a safety.
The SEC additionally cleared up fees versus Mango Labs and Blockworks Structure for falling short to sign up as brokers, the firm stated.
Jurors in government court in Manhattan previously this year founded guilty a crypto investor of products fraudulence for setting up the Mango Markets exchange and taking concerning $110 million from the system.
( Coverage by Hannah Lang in New york city; editing and enhancing by Jonathan Oatis)
