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SafeMoon Ex-CEO Convicted on All Counts—Faces 45 Years in Crypto’s Latest Black Eye
SafeMoon Ex-CEO Convicted on All Counts—Faces 45 Years in Crypto’s Latest Black Eye
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Another crypto exec falls hard—this time, the hammer drops on SafeMoon’s former CEO with a guilty verdict that could lock him away for nearly half a century. Just when you thought the ’wild west’ days of DeFi were over.
The sentence? A cool 45 years—long enough to HODL through multiple market cycles. Meanwhile, retail investors left holding the bag get... well, another cautionary tale.
Pro tip for aspiring crypto founders: Maybe skip the ’alleged fraud’ chapter in your playbook. The SEC’s getting better at this game.
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