SafeMoon CEO Gets 8-Year Prison Sentence for $9M Crypto Fraud: Mansions and Sports Cars Funded by Investor Money
Braden John Karony, the former CEO of SafeMoon, has been sentenced to over eight years (100 months) in federal prison for conspiracy to commit securities fraud, wire fraud, and money laundering.
The sentence, handed down on February 9, 2026, includes the forfeiture of approximately \$7.5 million and two residential properties. Karony defrauded thousands of investors, diverting millions from the project's liquidity pool to fund an extravagant personal lifestyle. This landmark case sends a
CryptopulseElite·11m ago








