Its debt certificate was signed by the Federal Trade Commission, when the organization decided to fine Zango a hefty $3 million for shady business practices.
Basically, the company managed to get on the nerves of everyone linked to a PC, starting from security researchers and ending with the average users. Zango had been accused numerous times of foul play because of its affiliates, which used to exploit system vulnerabilities and thus, silently install adware-displaying software onto computers.
All in all, Zango is dead and that’s good news for everyone supporting honest business practises. Hopefully, other such “businesses” will meet the same fate in the near future.