The drama around Mango Labs just never seems to stop. Its problems are with its own members, too.
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. If their identities remain unknown, they will be served papers via their crypto wallets, Mango Labs promised in its complaint filed in the United States District Court of Puerto Rico.
