Ex-SafeMoon CEO claims innocence, blames founder as trial begins

Is the Former SafeMoon CEO Really Innocent? 2021 Investors Demand Their Money Back

SafeMoon executives charged for defrauding investors. As former CEO John Karony faces trial, will victims of the 2021 collapse find justice? SFM tokens are now worthless. “I am innocent and did not commit fraud,” declared John Karony, co-founder of SafeMoon, a DeFi project that collapsed in December 2023 amid accusations of rug-pulling investors. The story of SafeMoon is one of hope and betrayal. After its fanfare launch in March 2021, SafeMoon …

SafeMoon CEO Karony Proclaims Innocence As Fraud Trial Begins In New York - FinanceFeeds

Braden John Karony, former chief executive of crypto firm SafeMoon, has publicly declared his innocence as his criminal trial got underway this week in the Eastern District of New York. In a post on X, Karony said he “did not commit fraud,” pushing back against media reports covering the first day of court proceedings. Karony, along with SafeMoon founder Kyle Nagy and ex-chief technology officer Thomas Smith, faces charges of securities fraud co…

Ex-SafeMoon CEO claims innocence, blames founder as trial begins - WorldNL Magazine

John Karony took to social media as his criminal trial for fraud and money laundering charges began in New York. Braden John Karony, the former CEO of crypto firm SafeMoon, made an out-of-court statement claiming innocence as his criminal trial began in New York.In a May 6 X post after court proceedings had likely ended for the day, Karony said he was innocent and “did not commit fraud” in response to media coverage of his trial. The former CEO,…

Ex-SafeMoon CEO claims innocence, blames founder as trial begins

John Karony, the former CEO of SafeMoon, entered the second day of his criminal trial on fraud and money laundering charges in the Eastern District of New York.

John Karony trial starts with a confused witness and SafeMoon merch

The criminal trial of former SafeMoon CEO Braden John Karony started at a sprint today, moving swiftly from opening statements and testimony from a victim who lost $20,000, to a surprisingly early appearance from the prosecution’s star witness, Thomas “Papa” Smith. Papa, former CTO of SafeMoon, has pleaded guilty to the same money laundering, securities fraud, and wire fraud charges that Karony faces, and testified against his former gaming budd…