Ex-SafeMoon CEO claims innocence, blames founder as trial begins

Quick Summary:

According to reporting from the US District Court for the Eastern District of New York (EDNY) on May 6, Karony implied that Nagy, who reportedly fled to Russia after authorities filed charges, was responsible for some of the alleged fraud at SafeMoon.

Trump's interim appointee moves in without Senate confirmationKarony’s case, first filed in November 2023, came as Donald Trump appointee Joseph Nocella assumed the role of interim US Attorney for the court district.

Braden John Karony, the former CEO of crypto firm SafeMoon, made an out-of-court statement claiming innocence as his criminal trial began in New York.

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Article Details

Author / Journalist: Cointelegraph by Turner Wright

Category: Crypto

Markets: United States

Topics: Media Criminal Court Crypto Trial Safemoon York Charges District Fraud Karony

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 22:21:00 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 414 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28479878

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

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News Last Updated: 7 hours ago

Coverage Areas: United States

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