Ex-SafeMoon CEO Braden Karony Convicted of Fraud and Money Laundering
AI Summary:
Braden John Karony, former CEO of cryptocurrency project SafeMoon, has been found guilty by a federal jury in New York on all counts: conspiracy to commit securities fraud, wire fraud, and money laundering.
The two-week trial concluded with Karony continuing to assert his innocence. A separate proceeding will determine the forfeiture of his assets, and a sentencing date is still pending. According to Protos, Karony could face up to 20 years in prison.
