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EXCLUSIVE: Ex-SafeMoon CTO admits rug pull, details insider exemptions

Summary by Protos
EXCLUSIVE: Ex-SafeMoon CTO admits rug pull, details insider exemptions “As soon as I start asking you to trust me, you shouldn’t.” That was Thomas “Papa” Smith’s pithy summation today of the fundamentally fraudulent nature of SafeMoon, a DeFi protocol whose centralized contract features allowed a core team to extract tens of millions of dollars from liquidity pools (LP) it had represented as sacrosanct.  Smith testified for the third consecutive…
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Protos broke the news in on Thursday, May 8, 2025.
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