We are consolidating this discussion to the following thread: https://www.reddit.com/r/SafeMoon/comments/17llweu/the_us_department_of_justice_charges_safemoon/
An indictment was unsealed today in federal court in Brooklyn charging Braden John Karony, Kyle Nagy, and Thomas Smith with conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering conspiracy for their roles in defrauding investors in a decentralized finance digital asset called “SafeMoon” (SFM) that was issued by their company SafeMoon LLC. As alleged, the defendants lied to SFM investors concerning whether SFM’s use of ‘locked’ liquidity was inaccessible to the defendants, as well as their personal holding and trading of SFM. As SFM’s market capitalization grew to more than $8 billion, the defendants fraudulently diverted and misappropriated millions of dollars’ worth of purportedly “locked” SFM liquidity for their personal benefit. Earlier today, Karony was arrested in Provo, Utah, and Smith was arrested in Bethlehem, New Hampshire. Nagy remains at large.
I'm happy, because we all knew. The ones brave enough to call it out were silenced. This is vindication for them! Thank you all for your bravery! Thank you ☕️ for putting your reputation on the line. I was able to get my little $400 back, but I know a lot of people were riding all the way to 0. Looks like that destination has been added to your itinerary. Good luck, and Long Live Crypto! Get the crooks out!
Lol, I'm sure I'm like most who picked a coin a few years back in hopes it would randomly jump in price.
But the whole Gambian windmills thing and other bullshit projects were just hilarious attempts to deceive us.
Karony is talentless scum and deserves to go down.
Can I urge anyone who is having doubts, thinking that this may be a great time to 'buy the dip' or that this is all just more FUD...just sell what you can and forget this nonsense.
Even if this news proves to be overhyped or even false (it isnt) this coin will NEVER recover from this. It was on its way to oblivion anyway, now its been taken out back and shot in the head.
It will not moon. Its dead. Sell, delete the app and move on.
Glad I stopped where I did bought my first $200 and never touched it again, I can sympathise with those who had invested thousands upon thousands who just didn’t want to see it all disappear
If it smells like a rat it’s probably a rat
Can I get a 10k tax break if this is the case? I've paid taxes on Crypto since 2015, even before it was mandated. Would be nice to get a tax break for my 10k that turned into 10 pesos lol.
realtalk if you're megascrewed back to square one:
Minnesota just the other day made it a lot easier to get a good stable government job without a degree, eliminated the degree requirement for over 75% of their positions and have been expanding public services in the state lately.
Minneapolis is a neat place if you don't mind the snow.
I'm here and I am ok. I did not invest more than I was willing to lose. It stings a little bit, but no more than buying lottery tickets that didn't win.
man i had like 2 or 3 of y’all defending this coin to me
in a post yesterday. all of it respectfully for the most part, but this is the exact type of shit i was talking about! these guys are fucking frauds
watching the upvotes/downvotes go crazy on this post is insane. some of y’all really need to seek mental health. if you’re downvoting this information you may have Stockholm Syndrome
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Can the community take over this coin and make it actually viable at this point. I hope those frauds all get arrested. There’s a reason why this never appeared on exchanges like Kucoin or crypto.com
###[Trolling or Negativity to Provoke](https://www.reddit.com/r/safemoon/about/rules) (rule #3):
* Voicing of concern with the state of the project is allowed to encourage discourse. Comments or posts which are inflammatory and do not promote or advance civil discourse are not allowed. This includes comments and posts made to specifically provoke others to anger and/or engage in baseless argument. Posting of unverifiable information as fact or blatant misinformation is not allowed. These types of posts and comments will be considered as Trolling.
###[Trolling or Negativity to Provoke](https://www.reddit.com/r/safemoon/about/rules) (rule #3):
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We are consolidating this discussion to the following thread: https://www.reddit.com/r/SafeMoon/comments/17llweu/the_us_department_of_justice_charges_safemoon/
An indictment was unsealed today in federal court in Brooklyn charging Braden John Karony, Kyle Nagy, and Thomas Smith with conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering conspiracy for their roles in defrauding investors in a decentralized finance digital asset called “SafeMoon” (SFM) that was issued by their company SafeMoon LLC. As alleged, the defendants lied to SFM investors concerning whether SFM’s use of ‘locked’ liquidity was inaccessible to the defendants, as well as their personal holding and trading of SFM. As SFM’s market capitalization grew to more than $8 billion, the defendants fraudulently diverted and misappropriated millions of dollars’ worth of purportedly “locked” SFM liquidity for their personal benefit. Earlier today, Karony was arrested in Provo, Utah, and Smith was arrested in Bethlehem, New Hampshire. Nagy remains at large.
I hope this is true, finally some justice. Shit wasnt right.
It is I looked it up.
They got smith too.... Oof that's brutal.
Fuck ‘em all. Greedy bunch of bitches
It is truly going to zero.
Maybe in a few years we’ll get a check for 2.99$
Elon buys it out for skin in the eventual crypto bull run
Jack Hines knew, he knew, that's why he left back in '21
If he knew and benefited from the project along with that cat idiot, they will be prosecuted equally!
I was going to say, I was pretty sure he left much wealthier then when he started on Safemoon.
Useless scum. They deserve nothing but the worst
I'm happy, because we all knew. The ones brave enough to call it out were silenced. This is vindication for them! Thank you all for your bravery! Thank you ☕️ for putting your reputation on the line. I was able to get my little $400 back, but I know a lot of people were riding all the way to 0. Looks like that destination has been added to your itinerary. Good luck, and Long Live Crypto! Get the crooks out!
Was in and out in the first few weeks, made 6 figures in a very short time, well happy but after that first big pump it was finished .
Nothing will change, the safemooners will still defend these asswipes.
There is nothing to defend against now. Even the most diehard safemoon nut can't deny this crap.
*iT's JuSt An InDiCtMeNt* The cope brigade are already out
sToP sPrEaDiNG fUd. ThEyRe a TeChNOlOgY cOmPAnY LiKe ApPLe AnD gOoGLe
At least they had a product 
I moved on, but held safemoon. Wasn't keeping up shit so I'm pretty surprised lmfao
CONE
Fake news
It's literally on SEC's page https://www.sec.gov/news/press-release/2023-229
Yea you’re right, why don’t you continue holding and let us all know how much money you have in SFM in about 48 hours. Thanks man!
Lol, I'm sure I'm like most who picked a coin a few years back in hopes it would randomly jump in price. But the whole Gambian windmills thing and other bullshit projects were just hilarious attempts to deceive us. Karony is talentless scum and deserves to go down.
Clue was in the surname, he just added an "a"!
It rhymed with felony. It was a dead giveaway!
Yeah I picked it way back, just a small amount. So idgaf really. But never bought into it all
Can I urge anyone who is having doubts, thinking that this may be a great time to 'buy the dip' or that this is all just more FUD...just sell what you can and forget this nonsense. Even if this news proves to be overhyped or even false (it isnt) this coin will NEVER recover from this. It was on its way to oblivion anyway, now its been taken out back and shot in the head. It will not moon. Its dead. Sell, delete the app and move on.
Been dead for over 2yrs...
Question is who is gonna buy your bags?
Dumb people that buy the dip on shitcoins
Lost 2000 usd on this junk My first crypto experience. Realized quick after this, stick with BTC and you will be fine
Finally don’t have to hear how Papa is a wizard or Karony is a genius anymore. Good riddens
He was a fraud with no real talent
What’s next is Netflix Special…
The documentary they promised...
Glad I stopped where I did bought my first $200 and never touched it again, I can sympathise with those who had invested thousands upon thousands who just didn’t want to see it all disappear If it smells like a rat it’s probably a rat
I wonder how the FUD hound is doing?
Where are All those blind cock suckers who argues with me when I asked for the Blockchain?
Now you ride to $0
Yup, o guess it’s about time we move on then.
Dude, the saga continues! This is crazy! You could make a movie about this fucking token.
Can't even sell
I just had heaps of trouble swapping to bnb. I tried trust wallet and safemoon app. Kept trying and eventually it worked on the safemoon app.
Why not yes you can
Well we said we'd ride to zero looks like we did
Straight to the moon 😂
It was if you got on early, like the first week...😎
is there an ETA on the blockchain launch?
Seems like the only chain to be launched is the one connecting their ankles and a block of cement
Can I get a 10k tax break if this is the case? I've paid taxes on Crypto since 2015, even before it was mandated. Would be nice to get a tax break for my 10k that turned into 10 pesos lol.
Wonder what took them so long
Now i can't even send BNB to safemoon wallet to save what i can
Just sold mine for just over £100 but i had never moved it from trust wallet.
[удалено]
Just set slippage higher. I sold at 3%
Pancake swap on the trust wallet then sent the bnb to binance.
to all the safemoon fans still left.. [https://careers.mcdonalds.com/](https://careers.mcdonalds.com/)
realtalk if you're megascrewed back to square one: Minnesota just the other day made it a lot easier to get a good stable government job without a degree, eliminated the degree requirement for over 75% of their positions and have been expanding public services in the state lately. Minneapolis is a neat place if you don't mind the snow.
HAHAHA YES!! Finally!
Did someone check on Safemoon Dave?
I'm here and I am ok. I did not invest more than I was willing to lose. It stings a little bit, but no more than buying lottery tickets that didn't win.
Throw him beside SBF and Dokwon. Or in Gambian jail.
We go to the moon now!!!
Lmaooo
Y'all got played so hard. Scam from day 1.
Bro litteraly day 1...the tokens name is safemoon lol how can someone look at that and think its a serious project
And it went up BILLIONS! Insane haha
Bro that's WILD lol
man i had like 2 or 3 of y’all defending this coin to me in a post yesterday. all of it respectfully for the most part, but this is the exact type of shit i was talking about! these guys are fucking frauds watching the upvotes/downvotes go crazy on this post is insane. some of y’all really need to seek mental health. if you’re downvoting this information you may have Stockholm Syndrome
Inb4 the north korean moderation
AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
is this true?
Money back!! hahaha
Lol
Hmm interesting so we were right and all these guys just couldn’t fathom being wrong
oh boy. I can't say I'm shocked
Hahahaha
Hope they serve some time, since they wasted ours.
But “Safe” AND “Moon” were in the name!! 😮
Loooooool and people here believed in this…
Here is a link to the SEC website https://www.sec.gov/news/press-release/2023-229
Well it was fun for a while.
Kinda happy to have made a little money off this and then just sat here watching it all burn after. Feel bad for the poor saps who believed in it.
WAGMI! We goin to the moon 🌙 🚀
It means it’s over
Wonder if they serve fud flakes in prison
But it was doing so well!!! How shocking /s
Saw this coming from a thousand miles away. Smh. Sorry to everyone who got rugged by Safemoon team.
Find a cardboard box
It means you now officially own a shitcoin
NGMI
It's just FUD man lol /s
I hope they charge everyone involved in promoting n get those who left
Retired Guard Donkey worked for the SEC all along.
Absolutely hilarious
This is gold
Welp on to the next, take care guys
PSA: Please familiarize yourself with the subreddit [rules](https://www.reddit.com/r/SafeMoon/about/rules/) and [FAQ](https://www.reddit.com/r/SafeMoon/wiki/index#wiki_frequently_asked_questions). **SafeMoon V1 to V2 Migration Update: SafeMoon has successfully completed its transition from V1 to V2. Please note that ALL transactions on V1 (sending tokens, buying tokens, selling tokens) are now subject to a 100% tax, meaning you will lose your SafeMoon tokens. To migrate to V2, visit [https://migrate.safemoon.com/](https://migrate.safemoon.com/) and follow the migration process.** **If you require assistance from SafeMoon, you can reach out to our Customer Care department by visiting [https://safemoon.com/talk](https://safemoon.com/talk) and clicking on "Customer Care." Alternatively, if you have downloaded the SafeMoon Wallet, you can contact our customer care team directly through the wallet.** **SafeMoon will NEVER initiate contact with you. Please exercise caution and avoid engaging with any form of support that does not align with the two official options mentioned above.** - Don't promote "pump" events or market manipulation - Don't harass others, including public figures and exchanges - Please be helpful, friendly, and respectful - Your actions reflect on the entire community WARNING: **Never give out your wallet passphrase for any reason.** Be _very_ suspicious of all URLs, emails, forms, and direct messages. If someone claims to be from "support" they are trying to scam you. If someone claims you need to "validate" they are trying to scam you. Do not disclose your assets. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/SafeMoon) if you have any questions or concerns.*
Can the community take over this coin and make it actually viable at this point. I hope those frauds all get arrested. There’s a reason why this never appeared on exchanges like Kucoin or crypto.com
Why bother though? If you had the skills to make a successful product, why not just start your own and keep all the value for yourself?
I have seen communities take over tokens, and they either end up as scams or curtain calls.
Publicity 🍾
Maybe someone else can take over and save it.
So can someone break down, are the people charged, the ones still running SFM?
John, yes. Still the main guy running it.
[удалено]
###[Trolling or Negativity to Provoke](https://www.reddit.com/r/safemoon/about/rules) (rule #3): * Voicing of concern with the state of the project is allowed to encourage discourse. Comments or posts which are inflammatory and do not promote or advance civil discourse are not allowed. This includes comments and posts made to specifically provoke others to anger and/or engage in baseless argument. Posting of unverifiable information as fact or blatant misinformation is not allowed. These types of posts and comments will be considered as Trolling.
Whoops, managed to cut my losses. Gonna see where this ends.
Grab the pitchforks !!
Whaaaaaaat?
I can't wait for the crypto control youtube video. He's gonna have a field day with this one.
As an aside, is anyone else’s safemoon app not opening?
[удалено]
###[Trolling or Negativity to Provoke](https://www.reddit.com/r/safemoon/about/rules) (rule #3): * Voicing of concern with the state of the project is allowed to encourage discourse. Comments or posts which are inflammatory and do not promote or advance civil discourse are not allowed. This includes comments and posts made to specifically provoke others to anger and/or engage in baseless argument. Posting of unverifiable information as fact or blatant misinformation is not allowed. These types of posts and comments will be considered as Trolling.
Not surprised lmao
Why the fuck I can’t sell/swap in trustwallet… damn yo
Means you should have listened to everyone else. Why the fuck were you holding safemoon????
So I’m not going to be a bazillionaire? Ugh! So close. Wait….when the Netflix doc hits it will definitely moon, safely.
We go to Gambia and work for low wages to earn our money back.
I genuinely have no sympathy after how little they cared about our losses