SafeMoon Executives Face Numerous Fraud Charges, Arrests Follow

The men are accused of misappropriating $200 million in investor funds to finance a lavish lifestyle. On November 1, the United States Securities and Exchange Commission (SEC) brought charges against SafeMoon and three of its executives for fraud and unregistered securities sales related to the SafeMoon token. Simultaneously, the Justice Department unsealed charges against these individuals. KEEP READING