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The Daily Hodl 2023-12-16 19:45:03

Crypto Company SafeMoon Files for Bankruptcy Following Founder and Executives’ Indictment on Fraud Charges Last Month

Blockchain firm SafeMoon is filing for bankruptcy after its founder and two executives were indicted on fraud charges in November. According to a recent document, the crypto company voluntarily filed for Chapter 7 bankruptcy over a month after founder Kyle Nagy, chief technology officer Thomas Smith and chief executive Braden Karony were accused of violating The post Crypto Company SafeMoon Files for Bankruptcy Following Founder and Executives’ Indictment on Fraud Charges Last Month appeared first on The Daily Hodl .

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