SafeMoon CEO’s Trial in Jeopardy? Trump’s SEC Shake-Up Sparks Legal Delay Request
Braden John Karony, former CEO of SafeMoon, has requested a delay in his criminal trial, citing potential regulatory changes under the Trump administration that could impact the classification of SafeMoon as a security. Facing securities fraud, wire fraud, and money laundering conspiracy charges, Karony’s legal team argues that shifts in SEC policy could influence the case. However, prosecutors oppose the delay, asserting that non-securities-related charges will remain unaffected. The case is closely watched by the crypto industry, as it could set legal precedents for digital asset regulation and enforcement.
2025-02-10Read