SafeMoon Token Price Crashes 50% to All-Time Low After Company Files for Bankruptcy Amid Legal Troubles
• SafeMoon US, LLC filed for Chapter 7 bankruptcy on December 14 • SFM token price crashed 50% to an all-time low of $0.00003270 • Bankruptcy filing estimates 50-99 creditors, $10M-50M assets, $100k-500k liabilities • Comes after DOJ indictment of SafeMoon execs for conspiracy, fraud, money laundering • SEC also filed civil charges against SafeMoon for unregistered securities sale scheme