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Bitcoin.com 2025-05-22 03:30:08

Safemoon CEO Found Guilty in Major Crypto Fraud, Could Serve 45 Years

Safemoon’s explosive rise was fueled by a massive fraud scheme, as its CEO was convicted for looting investor funds, lying about locked liquidity, and laundering millions. Safemoon CEO Faces 45 Years as Liquidity Pool Lies Lead to Federal Conviction The U.S. Department of Justice (DOJ) announced on May 21 that Braden John Karony, chief executive

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