Life comes at you fast.
Today the former CEO of Safemoon was found guilty of Securities Fraud Conspiracy, Wire Fraud Conspiracy, and Money Laundering Conspiracy by a jury of his peers—and I can finally close the chapter on 4 years of investigative reporting.
4 years ago I was called a “hater” for reporting this to be a fraud. I was even threatened with a lawsuit. Today:
SAFEMOON LLC is in bankruptcy
John Karony (CEO) is guilty on 3 counts of fraud
Thomas Smith (CTO) pled guilty to fraud
Kyle Nagy (founder) is allegedly on the run in Russia
For my part, I’m left with a souvenir to remember it all by—$1 that Safemoon had framed in their corporate office. It’s a little unclear whether this was the first dollar they ever made or part of their plan to nano coat, wind farms in the Gambia, but either way it’s a token I’ll never forget.
I will be uploading a video soon interviewing a reporter who was at the trial, so stay tuned!