Posted 11/2/2023, 11:02:00 PM
SafeMoon CEO Arrested for Fraud and Money Laundering in Luxury Spending Spree
- SafeMoon crypto company CEO Braden John Karony arrested in Utah for fraud, conspiracy, money laundering
- Karony and others allegedly misled investors, diverted millions from "locked" pools for personal gain
- Bought luxury homes, cars with profits according to indictment
- SafeMoon touted by media personality Dave Portnoy, reached $9B market cap
- SEC filed civil charges against Karony, Smith, Nagy related to unregistered token sales