![]() ![]() News of the bankruptcy had an impact on the price of SFM, which is trading for $0.000042 at time of writing, a 34.28% decrease during the last 24 hours. SafeMoons official Twitter account posted a video tutorial on how to buy SafeMoon using PancakeSwap. “Defendants promised to take the price of the token ‘Safely to the moon,’ but instead of delivering profits, they wiped out billions in market capitalization, withdrew crypto assets worth more than $200 million from the project, and misappropriated investor funds for personal use.” Securities and Exchange Commission (SEC) has also filed a lawsuit against the trio, accusing them of masterminding a massive crypto fraud scheme through the unregistered sales of their native digital asset, SFM. The DOJ has charged the executives with conspiracy to commit wire fraud, conspiracy to commit money laundering and conspiracy to commit securities fraud.įurthermore, the U.S. SafeMoons price reached an all-time high of 0.003145 in early January, according to CoinMarketCap, and has been crashing ever since. SafeMoon Token History A volatile coin trending downwards Image via. The users are hoping to induce a GameStop or AMC-type. The hashtag SafeMoonSqueeze is trending on Twitter. The bankruptcy was confirmed after SafeMoon LLCs name popped up on the US court website. Twitter and on the online chat platform Discord. Currently, many social media users are trying to influence the price of Safemoon crypto. With a circulating supply of 560 Billion SFM, SafeMoon is valued at a market cap of 33,147,612. SafeMoon price has been on a decline for the past week, falling from 0.000100 to 0.000061. This represents a -1.60 price decline in the last 24 hours and a -17.10 price decline in the past 7 days. ![]() Its website talks of building blockchain, metaverse and e-commerce projects. At the time, Nagy was still at large.Īccording to the Department of Justice (DOJ), the trio used $200 million worth of their clients’ funds to enrich themselves and pay for expensive items, such as real estate and custom-made luxury vehicles. SafeMoon is a human-focused technology and innovation business expanding blockchain technologies for a Press J to jump to the feed. The price of SafeMoon (SFM) is 0.00005950 today with a 24-hour trading volume of 83,672.65. SafeMoon (SFM-USD) is a cryptocurrency with a seemingly broad focus. With a circulating supply of 1 Trillion SMI, SafeMoon Inu is valued at a market cap of 983,673. This represents a -1.50 price decline in the last 24 hours and a -2.30 price decline in the past 7 days. The price of SafeMoon Inu (SMI) is 0.000000983673 today with a 24-hour trading volume of 937.98. However, all three had the ability to withdraw funds from these pools. SafeMoon Inu (SMI) price has declined today. In November, Karony and Smith were arrested for allegedly defrauding investors by falsely claiming that assets held in SafeMoon’s liquidity pools could not be withdrawn by anyone.
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