The former CEO of SafeMoon may face up to 45 years in prison due to fraud charges.
Gate News bot message, a U.S. federal jury found former SafeMoon CEO Braden John Karony guilty of three counts of fraud, stemming from an alleged scheme that defrauded investors of millions of dollars in a crypto assets plan. The U.S. Attorney's Office for the Eastern District of New York stated that Karony could face up to 45 years in prison for charges including conspiracy to commit securities fraud, wire fraud, and money laundering.