2024-2-14 14:48 |
The legal landscape for Braden John Karony, CEO of the now-defunct cryptocurrency firm SafeMoon, has taken a significant turn as his legal representation, Petrillo Klein & Boxer, filed a motion to withdraw from the case.
Following the allegations made against…. origin »
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SafeMoon (SFM) CEO John Karony faces legal counsel withdrawal due to alleged non-payment of fees. Lawyers claim he failed to fulfill financial obligations amid defense against fraud charges. The post This Memecoin Founder Faces Prison for Legal Fee Default: What’s the Situation? appeared first on BeInCrypto.
2024-2-13 15:30 | |
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SafeMoon, a decentralized finance project, lost more than $200 million after the alleged siphoning of funds by the project’s own founders. The protocol’s founders have reportedly found themselves facing legal constraints after their official arrests, following a recent court filing by the US Securities and Exchange Commission (SEC) accusing them of defrauding investors and violating […] The post Investors Flocking To This New BTC Alternative Amid SafeMoon Token Scandal appeared first on CaptainAltcoin.
2023-11-9 13:00 | |
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The decentralized finance protocol SafeMoon filed for Chapter 7 bankruptcy on Thursday. A leaked email to the team highlighted that, “The company cannot continue its business operations and is today filing for Chapter 7 bankruptcy protection in the United States Bankruptcy Court for the District of Utah.
According to court documents dated Nov. 9, a judge has partially granted U. S. prosecutors’ request to counter the bail of John Karony, the CEO of crypto platform SafeMoon. A filing from New York prosecutors indicates that a Utah magistrate judge, Daphne A.
SafeMoon, a once-promising cryptocurrency, has been thrust into a scandal of monumental proportions, as its founder and top executives are facing charges of fraudulent activities and money laundering.
A BNB wallet dormant for two-year that belongs to a whale has dumped 10,000 BNB at the rate of $230 per token, after previously making significant returns from investing in the safemoon meme coin.
Safemoon (SFM/USD) price jumped to the highest level since May 10 as investors reacted to the latest upgrade to SafemoonSwap. The token jumped to a high of $0. 00026, which was more than 100% above the lowest level this month.
Safemoon hacker returned $7. 2 million of the funds stolen from the protocol’s liquidity pool, blockchain analytical firm Peckshield reported. According to Peckshield, the attacker returned the funds in two transactions during the early hours of April 20.