Two core members of Mango DAO have passed a controversial proposal, and the founder warns that it may violate SEC settlement protocol.

Deep Tide TechFlow News, according to Protos, Mango DAO core members John Kramer and Max Schneider have recently successfully pushed for a proposal to lock 80 million MNGO Tokens to obtain 67.5 million Token Options. Dafydd Durairaj, the founder of Mango Labs, has issued a warning that this proposal may be seen as a sale of MNGO, in violation of the settlement protocol reached with the SEC.

According to the previous settlement protocol, Mango DAO, Blockworks Foundation, and Mango Labs are required to destroy their MNGO Token, pay a fine of 700,000 USD, and ensure that other platforms cannot trade this Token. It is worth noting that Mango Labs had sued these two core members in October of this year, accusing them of misappropriating 10 million USD of DAO funds during the Avraham Eisenberg case.