Ex-SafeMoon CEO gets 8-year prison sentence for defrauding investors
24 Articles
24 Articles
The former CEO of SafeMoon must go to prison for more than eight years, he has cheated investors by millions. An accomplice has fled to Russia.
John Karony was sentenced for securities fraud, wire fraud, and money laundering. Read more
Founded in 2021, the company SafeMoon quickly appeared as a large-scale crypto scam, promoted by unsightly celebrities. A case that the US justice has just closed with the conviction of its CEO to 100 months in prison. L的 article The founder of the SafeMoon crypto scam is sentenced to 8 years in prison in the United States appeared first on Cryptoast.
Crypto Dream Turns Nightmare As SafeMoon CEO Gets 100 Months In Jail
Braden John Karony, the one-time CEO of SafeMoon, has been sentenced to 100 months in US federal prison after a jury found him guilty of multiple fraud counts. According to courtroom records and Justice Department statements, he was convicted on charges that included securities fraud, wire fraud, and money laundering. Reports say prosecutors proved that investors were told liquidity was secure when it was not, and that insiders were able to move…
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