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The DOJ has arrested SafeMoon's CEO and CTO over an alleged $200 million investor fraud, with a third co-founder is still at large. The SEC has also filed civil charges for unregistered token sales, resulting in SafeMoon's market value crashing from $8 billion to $50 million.
The DeFi protocol filed for Chapter 7 bankruptcy following the arrest of its executives last month and an SEC lawsuit.
by Sasha MarkevichThe DeFi protocol filed for Chapter 7 bankruptcy following the arrest of its executives last month and an SEC lawsuit.
by Sasha MarkevichThe DOJ has arrested SafeMoon's CEO and CTO over an alleged $200 million investor fraud, with a third co-founder is still at large. The SEC has also filed civil charges for unregistered token sales, resulting in SafeMoon's market value crashing from $8 billion to $50 million.
by Mathilde Adam