SEC Charges SafeMoon Executives

Posted on 11/08/2023

The Securities and Exchange Commission charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ CEO John Karony and Chief Technology Officer Thomas Smith, with perpetrating a “massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon.” The SEC’s complaint was filed in the U.S. District Court for the…

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