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SafeMoon CEO Convicted in Multi-Million Dollar Crypto Fraud Scheme

A federal jury in Brooklyn, New York has convicted Braden John Karony, the former Chief Executive Officer of cryptocurrency company SafeMoon LLC, on all counts of a three-count indictment including conspiracy to commit securities fraud, wire fraud, and money laundering. The verdict comes after a comprehensive 12-day trial presided over by United States District Judge Eric R. Komitee and marks one of the most significant cryptocurrency fraud cases to date.

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