SafeMoon's Descent: Bankruptcy Filing Shocks Crypto World
SafeMoon files for bankruptcy amid fraud charges, leading to a significant drop in its cryptocurrency value.
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SafeMoon files for bankruptcy amid fraud charges, leading to a significant drop in its cryptocurrency value.
Explore SafeMoon V2's crypto journey, from price surges to seamless conversions, embodying innovation in decentralized finance
Braden John Karony, the CEO of SafeMoon, has been detained in Provo, Utah, marking a significant development in the ongoing legal case against him.
The allegations put forth assert that these individuals misappropriated $200 million in investor funds, purportedly for personal indulgence in a lavish lifestyle.
The attack used an public token burn exploit.
SafeMoon price has decreased by 90% since its yearly high. It hasn't gained strength since overcoming crucial resistance.
The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since.
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The SEC, CFTC and Department of Justice have settled or are hearing seven cases this year, with the suit against Ilya Lichtenstein and Heather Morgan being the most notable.