The United States Securities and Exchange Commission (SEC) filed “settled charges” against the Mango decentralized autonomous organization (DAO) and the Blockworks Foundation on September 27, alleging that both entities sold unregistered Securities. As part of the settlement agreement, the entities have collectively agreed to pay the SEC $700,000 in civil penalties, destroy their Mango tokens, petition exchanges to delist the tokens and refrain from marketing the tokens to exchanges in the future. The SEC noted that the settlement was reached without any party admitting or denying wrongdoing a…