Home BlockchainSafeMoon CEO Sentenced to Over 8 Years as Judge Calls Scheme Theft

SafeMoon CEO Sentenced to Over 8 Years as Judge Calls Scheme Theft

by BeInCrypto
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SafeMoon CEO Sentenced to Over 8 Years as Judge Calls Scheme “Theft”

A US federal judge sentenced Braden John Karony, the former CEO of SafeMoon, to 100 months in prison, following his conviction for fraud tied to the collapse of the once-hyped Solana token.

US District Judge Eric Komitee delivered the sentence after hearing emotional victim testimony and forceful arguments from prosecutors, who accused Karony of exploiting investor trust while secretly diverting funds.

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The court also scheduled a separate hearing on restitution and financial…

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