US Federal Judge Hands 8-Year Prison Term to Safemoon CEO

Share This Post

A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was also ordered to forfeit $7.5 million and two properties, with restitution to be determined later. Asset Forfeiture and Victim Restitution A U.S. court has sentenced the CEO of Safemoon, the defunct […]

Related Posts

Signs of life?: State of Crypto

But the 2026 midterm election is coming up quite...

Bitcoin nears the $58,000 floor that has marked every cycle bottom since 2015

Jurrien Timmer, Fidelity's director of global macro, says bitcoin...

Stablecoins see biggest drop since 2022 crypto winter led by Tether (USDT), Circle’s USDC decline

The combined market capitalization of major stablecoins fell from...

Cambridge Compares Ethereum Energy Use With PoS Networks

A new Cambridge study placed Ethereum near the lower...

Zapper to Shut Down Aug. 3 After Nearly Seven Years

The DeFi portfolio tracker once handled $13 billion in...

MARA Buys Texas Site From HIF in $600M Bitcoin, AI Deal

The 1,200-acre Matagorda County site was previously slated for...