Safemoon Crypto Scam 2024. The securities and exchange commission (sec) has accused safemoon, its creator kyle nagy, ceo john karony, and cto thomas smith of orchestrating a colossal. The founder and two top executives at safemoon, whose namesake crypto token was once valued at more than $8 billion, have been charged by the u.s.
Securities regulator accused the three safemoon executives of perpetrating a scam in which they withdrew $200 million to purchase sports cars and pay for a lavish lifestyle. Safemoon’s executives were arrested last month by u.s.