Mango DAO agrees to pay hacker $47 million

On Oct 12, Mango, a decentralized finance platform hosted on the Solana blockchain, has been exploited for $114 million.

Mango Markets’ DAO has voted in favor of a proposal that will allow an attacker to retain $47 million of stolen funds. Mango Markets also said that it will not pursue criminal charges against the attacker or freeze any funds.