safemoon

SafeMoon CEO Defense Cites Doubts in Fraud, Conspiracy Charges

Defense for former safemoon CEO John Karony challenged prosecutors’ evidence in court on May 20.Karony faces charges of conspiracy to commit wire fraud, securities...

Prosecutors Accuse SafeMoon CEO Karony of Lying, Hiding Millions

Prosecutors accused John Karony, former safemoon CEO, of making nearly 24 false claims to investors in early 2021. The prosecution used private messages and blockchain...

SafeMoon CEO Trial: Ex-Staffer Testifies on Token Misrepresentation

Testimony during the safemoon trial revealed that project leaders approved misleading statements about liquidity on the company’s website.Former SafeMoon staffer Henry Wyatt described a...

New US Attorney Appointed as SafeMoon CEO Karony Faces Trial

Joseph Nocella named interim U.S. Attorney for Eastern District of New York as jury selection begins in the safemoon CEO trial. Braden John Karony, former...

SafeMoon Plans Solana Memecoin Launch After Massive Token Burn

safemoon launches new memecoin on Solana network, scheduled for Saturday 1:00 AM UTC. Team burns 2.2 trillion tokens across Ethereum, Polygon, and Binance Smart Chain...

SafeMoon US, LLC Declares Bankruptcy Amidst Executive Fraud Charges

KEY TAKEAWAYSSafeMoon US, LLC has filed for Chapter 7 bankruptcy with assets up to $50 million.The company's SFM token value dropped by half following...

In the midst of the cryptocurrency crash, SafeMoon hasn’t proven itself to be so safe

The SafeMoon cryptocurrency may not have the brand name of Bitcoin, Dogecoin or Ethereum, but it entered the market in March with a unique...

Latest news

Fed proposes stablecoin capital rules under GENIUS Act

The Federal Reserve proposed capital charges, redemption timelines, and reserve reporting rules for stablecoin issuers under the GENIUS Act.Issuers...

Suit: OpenAI let contractors read ChatGPT chats sans consent

Two California ChatGPT users filed a proposed class action against OpenAI this month in the U.S. District Court for...

Revolut hit by second data breach in September

UK bank Revolut disclosed a second customer data breach this month after former broker DriveWealth suffered a social engineering...