SafeMoon

The filing comes just weeks after it was reported that SafeMoon executives were at the centre of a Department of Justice (DoJ) securities fraud investigation. Crypto firm SafeMoon on Thursday, December 14,  filed for Chapter 7…

The cryptocurrency project SafeMoon has filed for bankruptcy protection in Utah Bankruptcy Court. With assets ranging between $10 million to $50 million and debts between $100,000 to $500,000, this bankruptcy filing has unveiled a dire…

The token of decentralized finance protocol SafeMoon (SFM) has fallen 31% in five hours after the company filed for bankruptcy.Safemoon officially applied for Chapter 7 bankruptcy, also known as “liquidation bankruptcy," in a Dec. 14 filing…

SafeMoon, a once-promising cryptocurrency, has been thrust into a scandal of monumental proportions, as its founder and top executives are facing charges of fraudulent activities and money laundering. The US Department of Justice’s recent…

The US Securities and Exchange Commission (SEC) has charged SafeMoon, its Founder Kyle Nagy, SafeMoon US, and the company's top executives, John Karony and Thomas Smith. The regulator has revealed a fraudulent scheme involving the…