SafeMoon CEO Set To Face Trial Despite DOJ Crypto Memo
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New York prosecutors have stated intentions to proceed with the trial of SafeMoon CEO Braden John Karony, despite a recent directive by the US Department of Justice (DOJ) to scale back certain types of crypto enforcement actions. This development adds another layer to Karony’s troubles after the defendant lost his private counsel service due to insufficient funds to cover the legal fees. On April 7, the US Deputy Attorney General Todd Blanche issued a memo directing prosecutors to abandon all digital assets-related lawsuits targeted at “regulation by persecution”. This action aligned with the broader crypto-friendly policies being implemented by the administration of US President Donald Trump.
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