Former SafeMoon CEO Braden Karony found guilty of fraud and money laundering

After a two-week trial, a New York jury quickly convicted former SafeMoon CEO Braden Karony of conspiracy to defraud the U.S., money laundering and wire fraud, according to Cointelegraph. Karony was accused of misappropriating millions in SFM tokens alongside two other SafeMoon executives—one of whom remains at large.