SafeMoon 16

Braden Karony, the former CEO of the cryptocurrency SafeMoon, has been sentenced to 100 months in federal prison for orchestrating a massive fraud scheme that defrauded thousands of investors. Ordered to forfeit $7.5 million, Karony’s conviction on conspiracy to commit securities fraud, wire fraud, and money laundering marks a stark warning from U.S. authorities about the consequences of financial crimes in the digital asset space.