New York Jury Convicts Ex-Safemoon (SFM) Executive on All Charges

May 22 2025 bitcoin


Safemoon Files For Chapter 7 Bankruptcy Amid Allegations of Fraud

The post New York Jury Convicts Ex-Safemoon (SFM) Executive on All Charges appeared first on Coinpedia Fintech News

The ex-Safemoon executives were charged with defrauding investors through unscrupulous smart contracts. SFM price dropped over 5 percent today despite the wider altcoin market following Bitcoin in bullish sentiment. A New York jury convicted Braden John Karony, a former CEO of the SafeMoon (SFM) crypto project, on all crucial charges earlier on Wednesday, May 21. …