Bitcoin
Bitcoin (BTC)
$63,599.00 -1.26902
Bitcoin price
Ethereum
Ethereum (ETH)
$3,408.08 0.03141
Ethereum price
BNB
BNB (BNB)
$568.58 -0.71127
BNB price
Solana
Solana (SOL)
$158.07 0.38886
Solana price
XRP
XRP (XRP)
$0.5498280 -13.00354
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -8.51029
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -2.88131
Pepe price
Bonk
Bonk (BONK)
$0.0000264 -2.4362
Bonk price
Bitcoin
Bitcoin (BTC)
$63,599.00 -1.26902
Bitcoin price
Ethereum
Ethereum (ETH)
$3,408.08 0.03141
Ethereum price
BNB
BNB (BNB)
$568.58 -0.71127
BNB price
Solana
Solana (SOL)
$158.07 0.38886
Solana price
XRP
XRP (XRP)
$0.5498280 -13.00354
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -8.51029
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -2.88131
Pepe price
Bonk
Bonk (BONK)
$0.0000264 -2.4362
Bonk price
Bitcoin
Bitcoin (BTC)
$63,599.00 -1.26902
Bitcoin price
Ethereum
Ethereum (ETH)
$3,408.08 0.03141
Ethereum price
BNB
BNB (BNB)
$568.58 -0.71127
BNB price
Solana
Solana (SOL)
$158.07 0.38886
Solana price
XRP
XRP (XRP)
$0.5498280 -13.00354
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -8.51029
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -2.88131
Pepe price
Bonk
Bonk (BONK)
$0.0000264 -2.4362
Bonk price
Bitcoin
Bitcoin (BTC)
$63,599.00 -1.26902
Bitcoin price
Ethereum
Ethereum (ETH)
$3,408.08 0.03141
Ethereum price
BNB
BNB (BNB)
$568.58 -0.71127
BNB price
Solana
Solana (SOL)
$158.07 0.38886
Solana price
XRP
XRP (XRP)
$0.5498280 -13.00354
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -8.51029
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000115 -2.88131
Pepe price
Bonk
Bonk (BONK)
$0.0000264 -2.4362
Bonk price

New York Judge denies bail for SafeMoon CEO

new-york-judge-denies-bail-for-safemoon-ceo
Edited by
Follow-up
New York Judge denies bail for SafeMoon CEO

A federal court ordered Braden Karony to be detained pending his transfer to the Eastern District of New York (EDNY) where the SafeMoon CEO faces crypto fraud charges.

SafeMoon CEO Braden John Karony will remain in custody ahead of his ordered move to the Eastern District of New York. The decision issued on Nov. 13 came after prosecutors contested a Utah Judge’s decision to approve Karony’s $500,000 bail and temporarily halted his release.

Judge Eric R. Komitee of the EDNY ruled that the government’s argument over Karony’s flight risk status had merit. According to Judge Komitee, real estate posted by the defendant for his recognizance bond may well have been acquired through ill-gotten gains generated from the alleged multi-billion dollar SafeMoon (SFM) scam. 

Prosecutors highlighted a Utah property subject to forfeiture and digital assets worth at least $1.2 million hidden in a private unhosted wallet. The government has been unable to access the wallet, per InnerCityPress.

Karony was charged with crypto securities fraud and money laundering by the U.S. Securities and Exchange Commission (SEC) in early November 2023. The SEC also indicted SafeMoon founder Kyle Nagy and CTO Thomas Smith on the same allegations. 

SafeMoon’s team deceived users and investors, per the SEC’s filing.The executives manipulated the project’s token price and lied about liquidity lockups while executing what prosecutors describe as a crypto pyramid scheme, per the SEC’s complaint.