Mango Markets Faces Financial Challenges as Stakeholders Reject Funding Request for Legal Expenses

Mango Markets, the blockchain-based trading protocol, is facing financial difficulties as stakeholders struggle to afford growing legal expenses. The company, short on cash after burning through its budget ahead of schedule, has asked members of Mango DAO to approve an additional $2 million for legal costs. However, voters have rejected the funding request, demanding more transparency into the company's budget management.