The Securities and Exchange Commission (SEC), the American financial markets supervisory authority, has filed charges against SafeMoon, its creator Kyle Nagy, its CEO John Karony and its technical director Thomas Smith. The SEC claims they carried out a “massive fraud scheme” involving the unregistered sale of the SafeMoon (SFM) token, defined as “cryptoasset security.” According … Continue reading SafeMoon Executives Face DOJ Arrest, SEC Charges – SFM Falls More Than 50 More