#Safemoon Ex-CEO Braden Karony Sentenced to 100 Months in Prison
Karony received 100 months in U.S. federal prison after being convicted of securities fraud, wire fraud, and money laundering tied to SafeMoon.
Prosecutors showed he secretly siphoned millions from liquidity pools marketed as “locked,” while publicly promoting the project as safe for investors.
He must forfeit $7.5 million and multiple properties. SafeMoon collapsed nearly 99%, with investor losses reaching the hundreds of millions, closing one of crypto’s most notorious 2021 scandals.