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2025-05-22 15:48:52

The founder of SafeMoon was found guilty - he faces up to 45 years in prison

A US federal jury found Braden John Caroni, CEO of the SafeMoon project, guilty of fraud, money laundering and conspiracy.

The maximum punishment is up to 45 years in prison

 Kernel:

  •  In 2021, SafeMoon raised $8 billion against the promise of a "locked liquidity pool"
  •  Instead, Caroni siphoned millions into his accounts using a chain of anonymous wallets
  •  Personal gain: $>9 million
  •  Purchased: luxury real estate, Audi R8, Tesla
  •  The project collapsed, investors lost money.

Caroni is accused of deliberate deception for personal enrichment

 Prosecutor:

"SafeMoon has become a crane in the sky – and a trap for thousands of gullible investors"

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