SafeMoon CEO Convicted in Major Crypto Fraud Case, Facing Up to 45 Years

John Karony, the former CEO of SafeMoon, has been found guilty of orchestrating a large-scale cryptocurrency fraud scheme that impacted investors. This conviction represents a landmark development in the decentralized finance (DeFi) sector as one of the most significant cases of its kind to date. 🚨 BREAKING: Former SafeMoon CEO John Karony has been found guilty on all three criminal counts: Securities Fraud Conspiracy, Wire Fraud Conspiracy, and Money Laundering Conspiracy. pic.twitter.com/KR5iqInMoI – Protos (@Protos) May 21, 2025