Jury convicts ex-SafeMoon CEO on all charges
Summary
A New York jury found Braden John Karony, former CEO of SafeMoon, guilty of conspiracy to defraud the United States, money laundering, and wire fraud. The trial lasted roughly two weeks, beginning with jury selection on May 5. Karony, along with former CTO Thomas Smith and platform creator Kyle Nagy, faced charges for allegedly misappropriating millions of dollars in SafeMoon’s SFM token. Smith testified against Karony, while Nagy remains at large, reportedly in Russia. The case is significant for its implications on handling digital asset fraud under interim US Attorney Joseph Nocella.
