SafeMoon team criminally charged after buying Porsche with investor funds
Braden John Karony , Kyle Nagy, and Thomas Smith have been charged with conspiracy to commit securities fraud, conspiracy to commit wire fraud, and money laundering, all linked to their roles with the SafeMoon Crypto currency project. The criminal complaint claims that the defendants and their business, SafeMoon US LLC, lied to investors about what ‘locked’ liquidity meant and then used the money from investors to buy things like a Porsche 911 and real estate. SafeMoon marketed itself by emphasizing that it was unable to engage in a ‘rug pull’ due to the way it ‘locked’ its liquidity. However, these promises were never accurate, and Smith maintained control over the project’s liquidity pools. FBI ties and Ponzi games — here’s what SafeMoon doesn’t want you to know Read more: Five ridiculous claims from the latest SafeMoon court battle Furthermore, despite claiming they didn’t hold any SafeMoon tokens for personal u...