Salt Lake Tribune: CEO von Safemoon, Brandon „John“ Karony, verurteilt wegen persönlicher Gewinn wegen Betrugs und Ablenkung des Unternehmens. Als nächstes verurteilen.

tldr; Brandon “John” Karony, CEO of Utah-based cryptocurrency company SafeMoon, was convicted on charges of fraud and money laundering. Karony misled investors about SafeMoon’s ‚liquidity pool,‘ stealing over $9 million for personal use. Along with co-executives, he diverted more than $40 million from the pool for luxury purchases. SafeMoon, once valued at $8 billion, filed for bankruptcy in 2023. Karony faces up to 45 years in prison, while one co-executive pled guilty and another remains at large.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

I don’t think,its gonna stop the next „John Karony“ from scamming people.

Btw,if CEXs stop listing obvious scam coins on their platforms,that will solve a lot of problems related to scam coins.But they won’t because it makes them more money.