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Former SafeMoon CEO Faces Criminal Trial on Charges of Cryptocurrency Fraud

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May 7, 2025

Former SafeMoon CEO Braden John Karony has been criminally charged with cryptocurrency fraud. At the start of the trial, a victim who lost 20 thousand dollars testified, and the prosecution's key witness, Thomas "Papa" Smith, also appeared in court. Karony is accused of money laundering, securities fraud, and telecommunications fraud related to the SafeMoon liquidity pool.

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