SafeMoon Executives Hit with SEC Charges for Alleged “Massive Fraudulent Scheme”
The US Securities and Exchange Commission (SEC) has charged
SafeMoon, its Founder Kyle Nagy, SafeMoon US, and the company’s top
executives, John Karony and Thomas Smith. The regulator has revealed a fraudulent scheme involving the unregistered sale of SafeMoon tokens (SFM), a cryptocurrency that promised investors huge returns.The SEC is accusing the crypto project’s executives of a fraudulent scheme that misled investors by assuring the safety
of their funds while…
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