Crypto Company SafeMoon Files for Bankruptcy Following Founder and Executives’ Indictment on Fraud Charges Last Month

December 16, 2023 The Daily Hodl

Bankruptcy

Blockchain firm SafeMoon is filing for bankruptcy after its founder and two executives were indicted on fraud charges in November. According to a recent document, the crypto company voluntarily filed for Chapter 7 bankruptcy over a month after founder Kyle Nagy, chief technology officer Thomas Smith and chief executive Braden Karony were accused of violating […]

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Bitcoin To ‘Chop Altcoin Market Up’ in Consolidation Period, Says Analyst Benjamin Cowen – Here’s His Forecast

$8,900,000 Safemoon Hacker To Receive 20% of Stolen Binance Coin (BNB) and Immunity From Prosecution in New Deal

April 20, 2023 The Daily Hodl

Altcoins

SafeMoon (SFM) has cut a deal with the hacker who reportedly exploited the company’s liquidity pool last month. SafeMoon, a decentralized finance (DeFi) and blockchain technology company, says it negotiated with the hacker to return 80% of the reported $8.9 million worth of Binance Coin (BNB) the hacker stole from the project’s liquidity pool. According […]

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Bitcoin To ‘Chop Altcoin Market Up’ in Consolidation Period, Says Analyst Benjamin Cowen – Here’s His Forecast

DeFi Altcoin Rebounds by More Than 92% From Last Week’s Crypto Crash Despite Class-Action Lawsuit

May 20, 2022 The Daily Hodl

Altcoins

The second version of a crypto whose predecessor is embroiled in lawsuits finds itself defying the odds on the price charts. SafeMoon (SFM) is the rebranded follow-up to SafeMoon (SAFEMOON), a so-called meme coin that initially skyrocketed after launching to great fanfare due to celebrity hype in March of 2021 before crashing two months later. […]

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SFM