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SafeMoon Executives Hit with SEC Charges for Alleged "Massive Fraudulent Scheme"
The US Securities and Exchange Commission (SEC) has charged SafeMoon, its Founder Kyle Nagy, SafeMoon US, and the company's top executives, John Karony and Thomas Smith. The regulator has revealed a massive fraudulent scheme involving the unregistered sale of SafeMoon tokens (SFM), a cryptocurrency that had promised investors huge returns.The SEC is accusing the crypto project's executives of a fraudulent scheme that misled investors by assuring the safety of their funds while, in reality, large...
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Posted: Nov 1 2023, 21:19
Author Name: financemagnates
Views: 1121100