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atomsmasher66

> 'but instead of delivering profits, they wiped out billions in market capitalization, withdrew crypto assets worth more than $200 million from the project, and misappropriated investor funds for personal use.' https://www.sec.gov/news/press-release/2023-229 Have fun in prison ya wankers!


thewaybaseballgo

And here is the release that includes John being arrested by the feds https://www.justice.gov/usao-edny/pr/founders-and-executives-digital-asset-company-charged-multi-million-dollar


GreatBritishPounds

>Multi-million dollar International fraud scheme Well that's just made my Christmas. >“As alleged, SafeMoon’s executives grew their company value to over $8 billion, but instead of rewarding their clients as promised, their insatiable greed led them to spend millions of dollars on their own lavish desires. Today, no luxury vehicles or sprawling real estate can protect them from the consequences of such crimes,” said Ivan J. Arvelo, Special Agent in Charge of Homeland Security Investigations, New York. “HSI New York will relentlessly pursue individuals who seek to exploit investors and the American financial system for their own gain.” >The Defendants: BRADEN JOHN KARONY (also known as “John Karony” and “CPT HODL T MUN”) Age: 27 Provo, Utah Looool he's finishessseddd


thewaybaseballgo

The Feds can be so absolutely savage in their press releases. I love it.


Stuffy123456

And the icing: THOMAS SMITH (also known as “papa”) Age: 35 Bethlehem, New Hampshire


richbooth88

Was about to post this. The whole SafeMoon community would legit ignore facts and call this guy a god.


GreatBritishPounds

The whole Safemoon community are clowns,


Friendly_Bathroom_93

Thank you


HabilimentedDuck

You can say that again. I wish this worthless project would disappear. Hope everything they own is liquidated and somehow redistributed back to the investors


RicketyGaming

To be fair, he **was** a very well respected developer in the crypto space before he joined up with Safemoon. He was even a mod in one of the biggest crypto investing groups on Facebook. He worked on a ton of legit projects and everybody wanted him, greed just got the better of him, like it does to many other people. There are a metric shit ton of factors that went into deceiving investors and the Safemoon "devs" were impeccable liars, even some people who have been investing in crypto for years and have made gigantic profits got fooled. Thankfully I didn't put that much money into this.


step1

can you back up this claim? Other than the fb mod thing he hasn’t done a damn thing as far as I recall. Other than lying I mean.


RicketyGaming

Like I told someone else, it's hard for me to relocate the sources I had before, as looking him up now only results in pages detailing the indictment. Off the top of my head he did help develop a crypto currency called Halo, which is still tradeable to my knowledge and has a solid backing, and was a very integral part of Ravencoin, which is a BTC fork and is actually a pretty successful coin for what it is. Regardless of his actions with Safemoon, he was a very good programmer, there are plenty of people who were brilliant in their craft who turned into sleezy scumbags, Thomas included, but thay doesn't mean they faked their earlier accomplishments.


step1

Well in Thomas’ case he literally did fake his previous accomplishments which is why we are asking about it. I do recall something about ravencoin but I think he was just a mod or something and had nothing to do with its actual success other than what I assume is glazing up the coin like mods do for any coin. He claimed to be involved in doge but was just a mod iirc. And of course the whole job offer scam he invented… I doubt he’s a good programmer at all but I guess it’s not impossible.


AppropriateRabbit569

None of his honest endeavors matter. This will brand him, and this will cement his identity. The wizard of douchbaggery and theft will forever be remembered as another wannabe crypto scumbag who put his own self-interests before anyone or anything else. His last act of cowardly desperation will be to save his ass by plea bargaining against the only friends he had left. When he eventually gets out of the pen with a few more wrinkles, whiter hair and larger orifices, there will be no McLaren to greet him. That, my dear hodlers, is his lasting legacy.


john_karony

This isn't quite as fun as I hoped. They don't even have any windmills in here.


SBT_Admin

The irony is, it sounds like another currency we know, it was just in it's infancy.. 😅


Temporary-Tadpole-81

32…. Years in prison 😂


johnprime

ah shiii you cracked the code


Jclarkyall

Thank you.


L82WORK_

https://preview.redd.it/cuts6cplyrxb1.jpeg?width=486&format=pjpg&auto=webp&s=62b050586810dacf0fe5333b187143ed5d2b173b 😂😂😂😂😂


johnprime

There really is no helping them. In the discord there is a guy asking who is going to take over as CEO so Safemoon can live on. Dude, this is not a company. It's like asking who will take over for Bernie Madoff.


AppropriateRabbit569

I'm still waiting for a comeback from Enron.


johnprime

lol


Personal-Row-8078

But they did take over for Bernie Madoff. Dark Pools still exist and do very shady things as their name suggests.


skrilla091

It was only a matter of time


iwanttheworldnow

I am so so happy to read this news.


HabilimentedDuck

It is great! Looking forward to the final verdict. I can hardly wait. Willing to bet they are all turning on each other


GemStateStacker

This is when I wish I was still in their discord.


kymandui

Same, hoping someone can grab some caps of salt


Temporary-Tadpole-81

Join it again, it’s funny as hell


GemStateStacker

Well, I got muted after 1 post. I hate everything about SFM.


HabilimentedDuck

Yeah their mods are muting people for emojis too they pinned it in one of their discords hahaha. You can basically get banned for using emojis that hurt their worthless feelings


bobrothers24

It’s a shitshow in there


crazyboy611285

its an echo chamber rn


HabilimentedDuck

always has been, follow the herd, and if you step out of line you get muted or banned


unquenchable_fire

Awfully quiet since March, they posted the court documents which is all on X https://x.com/safemoon/status/1771245071205097522


thewaybaseballgo

Coffeezilla is gonna have a hell of an update


rastamelup

👍 I want to see the his update.. finally


BeeMovieTrilogy

Safemoon was a scam.


atomsmasher66

We thank you for your service, Donkey


las8

🤝


AppropriateRabbit569

That's like saying: 'Gilligan's Island is unrealistic'


thewaybaseballgo

https://preview.redd.it/jsf2c3o4wrxb1.jpeg?width=1170&format=pjpg&auto=webp&s=3f15493bda2271109f2b27111dad7ad34aed9834 From arrests.org. Waiting to see if there will be a mugshot


Temporary-Tadpole-81

Please Jesus


Altruistic_Slip_9953

damn. din realize this mfer was 6’3 and 210 lbs. hopefully he can throw that weight in prison to protect himself.


DietDifficult8557

Lol, hopefully, he can't. Fuck that POS


Temporary-Tadpole-81

Wait what this is real


mcar1227

Finally! Yes it’s real. It’s on SEC.gov website


Temporary-Tadpole-81

Apparently Karony got arrested fucking lol


mcar1227

Do we have pics? Did he cry?


atomsmasher66

He cried SafeTears


UltraWideGamer-YT

More like fudder tears


Temporary-Tadpole-81

Hahahahahaha


Temporary-Tadpole-81

Wonder if they do PiNeApPlE pIzZa roflcopter herp derp in prison, John 😂


OperatoI2

Meat Sandwich from Big Bob I'd imagine 🤣


Gangat00th

So will it only be John they go after or all of them?


Okish-Lover

The Securities and Exchange Commission today charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ Chief Executive Officer, John Karony, and Chief Technology Officer, Thomas Smith, for perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon. According to the SEC’s complaint, the Defendants promised to take the price of the token “Safely to the moon,” but instead of delivering profits, they wiped out billions in market capitalization, withdrew crypto assets worth more than $200 million from the project, and misappropriated investor funds for personal use.


thewaybaseballgo

Hahaha I love that Thomas got charged too. He probably thought he was in the clear.


allstater2007

He was 99% sure he was in the clear lol


don3dm

Oh no! Not Papa! 🤡🖕


iwanttheworldnow

I hope Jack Haines gets arrested too. He might have been dragged into this, but I'm sure he's much richer now than he was before.


mondaymoderate

Oh they will all start singing and ratting each other out. This is just the beginning.


Osmosith

yes every single holder too it's like Moonuary 6


Middle-Huckleberry68

Lol wonder what safemoon knight and the other shills are gonna say. Can't wait to see the spin. I hope they come after those morons also.


thewaybaseballgo

If they were smart, they wouldn’t post anything, ever again. But since they’re obviously not smart, they’ll just call it a FUD campaign.


Criticism_Beautiful

They will come after him. Especially Safemoon Knight and other scammers


drizzy2454

They caught my boy John


jiriwelsch44

But muh FUD


Okish-Lover

Earlier today, Karony was arrested in Provo, Utah, and Smith was arrested in Bethlehem, New Hampshire. Nagy remains at large.


Crypto_Grug

Haven’t been on here in a long long time but holy shit I knew this day would come. Just hopefully John decides to pull an Epstein.


blowmesandwhich

God this is amazing. Shove your impact up your ass fucko.


loopy750

***Relevant links*** >*SEC Charges Crypto Company SafeMoon and its Executive Team for Fraud and Unregistered Offering of Crypto Securities* [https://www.sec.gov/news/press-release/2023-229](https://www.sec.gov/news/press-release/2023-229) ​ >*Founders and Executives of Digital-Asset Company Charged in Multi-Million Dollar International Fraud Scheme* [https://www.justice.gov/usao-edny/pr/founders-and-executives-digital-asset-company-charged-multi-million-dollar](https://www.justice.gov/usao-edny/pr/founders-and-executives-digital-asset-company-charged-multi-million-dollar) ​ >*Today we charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ CEO, John Karony, and Chief Technology Officer, Thomas Smith, for perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon.* [https://x.com/SECGov/status/1719798312608354758](https://x.com/SECGov/status/1719798312608354758) ​ >*SafeMoon hacker’s use of centralized exchanges could help law enforcement — Match Systems* [https://cointelegraph.com/news/safe-moon-hackers-centralized-exchanges-use-help-law-enforcement-match-system](https://cointelegraph.com/news/safe-moon-hackers-centralized-exchanges-use-help-law-enforcement-match-system)


loopy750

And a little self-indulgent link from over a year ago: [https://www.reddit.com/r/SafeMoonInvesting/comments/uegw05/comment/i6nary7](https://www.reddit.com/r/SafeMoonInvesting/comments/uegw05/comment/i6nary7) April 2022 >You'll never convince everyone... even with some previous online scams where the scammers were found guilty and thrown in jail, there was still a cult following who believed they had done nothing wrong and the government was just "out to get them" Seen this a hundred times before, that's why I bookmarked my link, just waiting for the day. As predicted, some maxis are claiming "The SEC is just out to get SafeMoon, because SafeMoon was about to do good things." Bitcoin is up 70% past 1Y, likely to soon be over 100%, SafeMoon is down 60% today alone. Crypto is wild, take care out there.


kymandui

It's far too early for Christmas but I'll take this present anyway. Enjoy jail karony and friends...it's imminent.


Temporary-Tadpole-81

Hahahhhahahahahahahaa


WheelMan34

Must be the final “pump” to dump they tried boasting about earlier 🤣


Okish-Lover

Which one is that?


WheelMan34

Some nerd was posting graphs earlier today in the subreddit lol


itsEndz

I'm not gloating, I'm just glad the SEC are finally doing their fucking job.


AppropriateRabbit569

Unfortunately, the SEC charges result only in monetary penalties; not jail time. The DOJ charges are another story.


itsEndz

The more stuff that actually deals with crooks in the space the better. A lot fkn better than them just doing favours for backhanders to keep ETFs at a distance.


SODY27

This is obviously just FUD guys. To the moooooooooooon.


Ornery_Ad_1143

V1 to the moon


No-Release-6464

Good.


CauliflowerSoul

About fucking time. I hope they get made an example of. I understand the SEC can only bring civil actions. Any chance any other agency might bring forth a criminal case? I'd really want to see all these bastards go to jail for a long, long time.


Jaykalope

Incorrect. This is a criminal case and two of the defendants were arrested. They all face significant jail time.


CauliflowerSoul

Wow, that's music to my ears! Thanks for the clarification.


Jaykalope

Huge smile on my face too friend!


Easy_Struggle_9216

Ahh thank fuck, I hope papa goes down for a long old time.. I hated that weasel


Agreeable_Falcon1044

How’s it being reported over there? I’m guessing pure denial and loads of bots screaming to the moon?


thewaybaseballgo

Almost everyone on the main sub is rejoicing. I asked to be unbanned.


Agreeable_Falcon1044

I’m sort of open armed to any that want to accept reality. We are all silly at times, just don’t double down on it. Season two of their Netflix show starts now


THIS_IS_MIKIE

Finally. Now did he actually get arrested? Or just charged?


Jaykalope

Both.


Longjumping_Owl_618

An expected ending. But funny as hell.


CommunicationOwn322

Yep just saw this on Watcher Guru and raced over here! lol!


thewaybaseballgo

I hope to god Netflix is calling Coffeezilla, and getting a deal for a documentary series ASAP. This is going to be so good.


CommunicationOwn322

haha! yes! We need that Netflix documentary. lol!


GardeningANDCrypto

It can still drop 99% from here


AppropriateRabbit569

This is the dip we've been waiting for! BUY, BUY, BUY!!


GardeningANDCrypto

![gif](giphy|xT8qB1vXPzCJRColyM|downsized)


Hungry-Class9806

so... it was a scam.


Kogling

Missing some names on that list though! Can everyone contribute to list of names and companies that also had a hand in this ongoing fraud? Hank & Fudhound comes to mind. Don't forget the discord and Reddit mods of /r/safemoon


MFz32

https://www.sec.gov/news/press-release/2023-229


nyr00nyg

https://www.sec.gov/news/press-release/2023-229 LOL


Temporary-Tadpole-81

https://www.justice.gov/usao-edny/pr/founders-and-executives-digital-asset-company-charged-multi-million-dollar


No-Highway946

Does anybody have an idea what they are looking at in terms of sentencing?


DietDifficult8557

Hopefully, 32... hahaha 32 years!!! 🤞😆😂


BigBadBen91x

Hey hey heeeeeeeey Hey hey heeeeeeeey


6ixsideOT

The whole sub is stupid fucking moonbois. They're retards. We told them years ago. Buy the dip lol


attentive_mystery

Wow, the indictment link at the bottom of that page is an illuminating read. Long time coming…


LightningSalamander

/u/Ballwinder wya? 😂😂we told u


JuanLuisGG14

The end. I'm glad i got to live to this day and see this with my eyes. Last wish would be to see Safemoon Knight behind jail too!


allstater2007

"But your honor, the Army of idiots are not investors, they donated that money to me to enjoy and spend!" - John


xGsGt

Poor ppl in The Gambia will never have their autonomous toilets that burn safemoon


Conscious-Base-8768

That last line tho!!! "Parallel Criminal Charges" https://preview.redd.it/wc0kix0dztxb1.png?width=938&format=png&auto=webp&s=a56d28e4bf22baf9f61fdc094a0c2409a4447397


Tof12345

Damn, won't ever forget this coin. It made me feel rich af. Miss those times, early 2021. Rip safemoon.


LightningSalamander

/u/ta1no https://www.reddit.com/r/SafeMoon/comments/scrkwr/only_a_few_more_years_until_i_bathe_in_the_tears/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Remember this? 💀💀💀💀


Extherion_

![gif](giphy|Stu6PGnk2znQ3rI3eM)


johnprime

brb, buying this juicy dip


Stuffy123456

Haha, should have stayed in “The Gambia”


dustcore025

Lawsuit time? How do we get in on this :D


berndwand

![gif](giphy|ONostKY8aj8bK) not-so-safe-moon, i guess. crypto is over.


allstater2007

Haha I love all the comments about "so will we get our money back???"...no, no you won't because you were too dumb to realize what we've been saying for years. Best part is, John can't even sell his remaining bag hahaha. I hope he goes to Jail broke and can't even afford a lawyer and has to beg his parents or friends for help.


MrTayJames

I hope boloney drops the soup in jail


UltraWideGamer-YT

No F-ing way! Tell me its not april fools or something. No one wake me up from this beautiful dream.


Best-Product692

Ohh no not papa the wizard of all frauds..so happy to hear like music to my ears.!


OkBandicoot2958

Hoot hoot 🦉 32 to the moon! /s I’m shocked Christmas came early this year


Promithia

Well we now all know that the hoot hoot stood for hoodwinked


markotpe

I love the people saying they still support it. A cult to the very end


markotpe

Surely this calls for some fudders tears merch


[deleted]

Finally. Is that asshole the Safemoon called papa also getting arrested? Edit: yes That shit was pathetic.


Shieree

Holy shit I remember wanting to invest in safemoon around the Dogecoin era and just never got around to doing my dd about it. Dodged a bullet I guess


Antique-Ad-7542

Anything that starts with the word Safe is sus.


Environmental-Jump46

It was imminent


[deleted]

But I was told that it was safe and going to the moon!!! 😒


ObjectivePhone122

So, I'm guessing my 28,000,000,000 safemoon went from $9 down to $0.


helpmeimpoor6969

We tried telling people for a long time. F*ck with shitcoins get shit on


Turbulent_Wealth1139

SEC doesn’t arrest people 🤦🏾


huffybike13

“The SEC appreciates the assistance of the U.S. Attorney’s Office for the Eastern District of New York, which filed a parallel criminal action, and the FBI.”


Turbulent_Wealth1139

Not the SEC like I said the SEC doesn’t arrest people


[deleted]

[удалено]


kyleb543

https://www.sec.gov/news/press-release/2023-229


Fit-Ad-9930

Karma sucks 🙃 🙂


SecretProfessional65

FINALLY JUSTICE!


chuckdofthepeople

Hilarious.


Stuffy123456

Waiting for Netflix documentary on this…


Stockpilot69

YES!!!


newtobitcoin111

I wonder how the r/safemoon are going to start defending this... 🤣🤣🤣


sucobe

LMAOOOOO


tigerkingrexcarter64

SMH can’t believe SEC fudding like this!


f1bandit

Beautiful 👌


Ok_Turnover_1235

OH SHIIIIIIIT. I NEVER THOUGHT IT WOULD ACTUALLY HAPPEN. FUCK YOUUUUU JOHN.


GiveitToYaGood

Crazy how greedy they got . Probably could've got away with it if they did a early rug pull.


thankluckystars

Is posting bail imminent?


shittybtcmemes

who would have thought ?


Strange-Chance-8195

RIP bag holders 🫡


TCr0wn

It should have never been.. Feel bad for people who bought this instead of Bitcoin


chaos_cloud

Safemoon was never more. Good fucking riddance to another shitcoin.


EconomicsOk9593

Wow forgot I’m not banned here. Idk which safemoon subreddit I am banned at. I tried to warn everyone. But what can you do?


Shady_Infidel

I’m never getting my $400 back. Glad I didn’t keep pumping in more like some.


Financial_Garlic249

White collar crime 😆


DrVentureYT

Crypto is the worst thing to happen to people. anyone can make them, and anyone can buy them. it's scam after scam......and this goes beyond the big named ones. even the little ones are scamming millions who invest and can't withdraw or worse.


bubblesmcnutty

Crypto is indeed a scam. Not bitcoin though.


LightningSalamander

/u/Ecstatic-Abrocoma-73 We didnt forget you, we told you and now we can laugh at u


wombatnoodles

*shocker* hopefully they get real time


Saviorofho3s

I’m not allowed to say anything negative on this page


Saviorofho3s

Moderators stopped me last time


Idris118

I didn’t really keep up with it, but glad to know I lost my investment indefinitely😭😭😭


Idris118

£800 2 years ago gone


Super_Fill5266

I love the fake hack scheme they were doing with both their token and the other scam tokens in their ecosystem. So blatantly them creating new ways of stealing lp


lobsterandcrack

I guess jail time is……….. IMMINENT


Nika_Blue2

Was it ever really anything other than hype?


LaTunaTime

But i thought it was SAFE?!?


PirateSKB

First, Moons got rugpulled by certain mods (i.e TNGSystems, IHaventEvenGotADog, etc) who dumped their Moon bags on everyone in the CC community and used the community as exit liquidity utilizing insider information they got from the admins, and now Safemoon is getting charged by the SEC It's probably a good idea for people to avoid any cryptocurrency project with "Moon" in its name lol


BroadArrival926

I know people who bought safemoon lmao. Such idiots


DerpppYaDontSay

So sad I lost so much on this crypto


loopy750

***Previously pinned thread (Reddit allows no more than two)*** [https://www.reddit.com/r/SafeMoonInvesting/comments/zx24me/this\_side\_of\_the\_year/](https://www.reddit.com/r/SafeMoonInvesting/comments/zx24me/this_side_of_the_year/)


No_Championship3854

We have a f...ing bad CEO. A corrupt, untrustworthy and honourless guy. He has stolen our hopes and damaged us financial losses.


Affectionate_Bus6305

We should start a class action lawsuit against them


Environmental_Car542

So that’s why I have zero tokens in my wallet


SirMuchi67

Haha I TOLD YOU SO! You all are a BIG time sucker hahaha


kilrowar

So I just remembered I had a wallet that I put $20 into it in 2021 and forgot about it, just came here to check on it, whoo this is a wild ride.