Mango Labs LLC, which previously settled Biden-era SEC charges accusing the company of selling unregistered securities and acting as a broker when it operated a decentralized finance project, must pay the penalty and adhere to trading prohibition terms after a federal judge in New York denied its bid for relief.
The Securities and Exchange Commission’s crypto enforcement shift during President Donald Trump’s second term hasn’t rendered the final judgment inequitable or created an extraordinary circumstance, Judge Jennifer L. Rochon in the US District Court for the Southern District of New York said in a Wednesday opinion.
The SEC in ...
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