Mango Markets to Close by January 2025
- Mango Markets, a decentralized exchange, will shut down by January 13, 2025.
- The closure follows a major hack that significantly impacted operations.
- An SEC lawsuit has been filed against Mango Markets.
- Internal conflicts within the DAO have contributed to the decision to close.
- All active participants have ceased work on Mango v4 and Boost platforms.
Mango Markets will cease operations by January 13, 2025, due to a major hack, an SEC lawsuit, and internal DAO conflicts. This shutdown affects both Mango v4 and Boost platforms as all active participants have stopped their work.
