SafeMoon – Coin HD

Safemoon Files for Chapter 7 Bankruptcy Month After SEC Charged Founders With Fraud

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Source: Pixabay Decentralized finance protocol SafeMoon has officially filed for Chapter 7 bankruptcy protection in the face of mounting allegations of fraud and mismanagement. The company’s founders Kyle Nagy, Thomas Smith, and Braden Karony, accused of misleading investors, are facing a $200 million SEC lawsuit for securities fraud. The bankruptcy filing comes after a tumultuous […]

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DeFi Protocol SafeMoon Still Running Despite Securities Violations

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Source: SafeMoon Website Decentralized finance (DeFi) protocol SafeMoon has addressed the recent litigation by the United States Securities and Exchange Commission (SEC), expressing its intent to seek a resolution. We are reviewing the recent news and we of course take these issues extremely seriously. As we receive more information, we will do our best to

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SafeMoon (SFM) Founders Arrested and Charged By U.S. Government For Defrauding Investors

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The founders behind the once multi-billion dollar cryptocurrency, SafeMoon (SFM), have been charged with multiple counts of fraud and conspiracy by U.S. government, with accompanying charges from the Securities and Exchange Commission (SEC). On Wednesday, founders Braden John Karony (aka “CPT_HODL_T_MUN”) and Thomas Smith (aka “papa”) were arrested in Provo, Utah and Bethlehem, New Hampshire,

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