SafeMoon's Descent: Bankruptcy Filing Shocks Crypto World
SafeMoon files for bankruptcy amid fraud charges, leading to a significant drop in its cryptocurrency value.
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SafeMoon files for bankruptcy amid fraud charges, leading to a significant drop in its cryptocurrency value.
Braden John Karony, the CEO of SafeMoon, has been detained in Provo, Utah, marking a significant development in the ongoing legal case against him.
The allegations put forth assert that these individuals misappropriated $200 million in investor funds, purportedly for personal indulgence in a lavish lifestyle.
The attack used an public token burn exploit.
SafeMoon price has decreased by 90% since its yearly high. It hasn't gained strength since overcoming crucial resistance.
The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since.
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements.
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