Mango Markets leadership denies allegations of raiding DAO Treasury amid accusations of token sale manipulation.


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Promote with Leviathan NewsMango Markets is facing a fresh governance dispute after senior contributors John Kramer and Max Schneider denied accusations that they helped engineer a treasury raid by buying a large block of MNGO tokens and then pushing a DAO proposal to sell them back at an inflated price. According to DL News, onchain records suggest their trading firm, CKS Systems, may have acquired 333 million MNGO tokens tied to the FTX estate, and the disputed transaction could have yielded the sellers more than $3 million based on the token’s market value at the time.
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