Former SafeMoon CEO Braden John Karony will face an 8-year prison sentence after being convicted last year on a string of federal charges tied to defrauding investors in his digital assets operation.

A federal judge in Brooklyn has sentenced Braden John Karony, the former CEO of Defi project SafeMoon, to 100 months in prison for his role in a multi-million dollar fraud scheme. JUST IN: Founder of ...

Crypto project Safemoon has said it will launch a memecoin on Solana. The team behind the project announced the update on X on Valentine’s Day, noting that it marks the project’s transition. In its ...

The company behind SafeMoon promised astronomical returns, but instead the cryptocurrency imploded mid-flight. And now those behind the controls are facing the consequences. In a Wednesday complaint, ...

"Instead of rewarding their clients as promised, their insatiable greed led them to spend millions of dollars on their own lavish desires." Meanwhile, according to the SEC’s allegations, customers ...

The United States Securities and Exchange Commission announced on Nov. 1 that it was charging SafeMoon and three of its executives with fraud and unregistered securities sales in connection with its ...

The US Justice Department under President Donald Trump issued a memo on April 7 suggesting it would halt the prosecution of cases involving crypto enforcement. Federal prosecutors said they will ...

SafeMoon Files for Chapter 7 Bankruptcy; Bitcoin's Reaction to Central Bank Moves Crypto company SafeMoon filed for Chapter 7 bankruptcy on Thursday, as its executives face criminal charges in the U.S ...

The Securities and Exchange Commission has charged SafeMoon LLC, founder Kyle Nagy, SafeMoon US LLC, its CEO John Karony, and CTO Thomas Smith, for fraud through the unregistered sale of a crypto ...