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SafeMoon CEO Found Guilty in U.S. Crypto Fraud Trial
- Former SafeMoon CEO Braden Karony was found guilty on May 21, 2025, by a New York federal jury of multiple fraud charges involving a crypto scheme.
- The conviction stemmed from accusations that Karony and his associates deceived investors about the nature of SafeMoon’s locked liquidity pools and illicitly withdrew approximately $43 million from these funds between September and December 2021.
- Evidence included private messages, forensic blockchain analysis, and testimony from confessed co-conspirators such as Thomas Smith who cooperated with prosecutors.
- Assistant US Attorney Dana Rehnquist stated, "This is the conspiracy," highlighting Karony’s nearly two dozen material lies and use of funds for luxury purchases including homes and cars.
- Karony faces up to 45 years in prison and the verdict marks a significant moment emphasizing increasing legal scrutiny of misconduct in the cryptocurrency industry.
22 Articles
22 Articles
SafeMoon CEO Found Guilty in U.S. Crypto Fraud Trial
Braden John Karony, the former CEO of crypto firm SafeMoon, was found guilty on Wednesday of all charges in a high-profile U.S. federal trial. A New York jury convicted Karony of three felony counts, including conspiracy to commit securities fraud, wire fraud, and money laundering. Prosecutors argued that Karony and other SafeMoon executives had misled investors by making false claims about the project’s success and the security of its token me…
Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme
A federal jury convicted former SafeMoon Braden John Karony on all charges in a crypto fraud scheme that siphoned millions from investors under false promises of decentralized finance security. The jury found Karony guilty of conspiracy to commit securities fraud, wire fraud, and money laundering after a 12-day trial in Brooklyn on May 21. Prosecutors accused Karony of lying to investors about SafeMoon’s locked liquidity pools while secretly acc…
Former SafeMoon CEO Braden Karony convicted on all charges in $200M crypto fraud scheme - Coin Surges
A federal jury convicted former SafeMoon Braden John Karony on all charges in a crypto fraud scheme that siphoned millions from investors under false promises of decentralized finance security. The jury found Karony guilty of conspiracy to commit securities fraud, wire fraud, and money laundering after a 12-day trial in Brooklyn on May 21. Prosecutors accused Karony of lying to investors about SafeMoon’s locked liquidity pools while secretly acc…
In the United States, the lawyer lost to gambling almost $ 9 million: what was the verdict of judgment - Global Happenings
In the United States, they sentenced to prison for a period of up to 21 months, which deceived customers worth almost $ 9 million. She reduced money for gambling, expensive purchases and elite holidays. According to the New York Times, 41-year-old Sarah Jacquel King from California deceived customers, convincing them of the existence of fictitious loans. In fact, she spent millions on a casino and a luxurious life. She was threatened with the ma…
SafeMoon CEO Found Quilty On All Counts Charges Bordering on Crypto Investment Fraud
Braden John Karony, the former CEO of SafeMoon, was found guilty on all counts in a criminal case tied to a major cryptocurrency fraud scheme. A New York federal jury convicted him on May 21, 2025, in the U.S. District Court for the Eastern District of New York. The charges included conspiracy to commit securities […] The post SafeMoon CEO Found Quilty On All Counts Charges Bordering on Crypto Investment Fraud appeared first on Tekedia.
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