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Mango Labs Unleashes Death Pile on Two ‘Honorable’ Men Who Stole 10 Million From Their Own Crypto Lair

A  illustration of two figures in suits standing behind a large pile of money, surrounded by broken FTX logos and cryptocurrency symbols with 'Mango DAO' written across it in bold red letters at the top, while another figure is shown holding a bag filled with MNGO tokens. The background features a cityscape with dark clouds and lightning bolts to convey a sense of chaos and corruption.

Just when you thought it was safe to go back in the pool of cryptocurrency nonsense… Mango Labs has decided to take matters into its own hands (and a lawsuit) against two individuals accused of embezzling $10 million from their very own DAO, Mango. The alleged masterminds behind this mess are John Kramer and Maximilian Schneider who claim they bought up FTX’s holdings on behalf of the DAO at an .

Source: cointelegraph

Mango Labs has filed suit against John Kramer and Maximilian Schneider alleging that they embezzled $10 million from the Mango decentralized autonomous organization (DAO). Kramer and Schneider occupy positions of trust in the DAO and are accused of conspiring to profit illicitly while they bought bankrupt FTX’s holdings of the DAO’s MNGO governance tokens on behalf of the DAO.    Unknown persons are accused of aiding and abetting Kramer and Schneider. […]

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