| On
SafeMoon
Karony US
Wants 12 Years
After Found
Guilty As
Inner City
Press Bid to
Unseal
by
Matthew Russell Lee, Patreon Book
Substack
EDNY COURTHOUSE,
Dec 29 – On November 2, 2023
SafeMoon's trio were indicted
in the U.S. District Court for
the Eastern District of New
York. Inner City Press covered
it.
Prosecutors
charged Braden John Karony,
Kyle Nagy, and Thomas Smith
with conspiracy to commit
securities fraud, conspiracy
to commit wire fraud and money
laundering conspiracy for
their roles in defrauding
investors in a decentralized
finance digital asset called
“SafeMoon” Earlier
today, Karony was arrested in
Provo, Utah...
On November
3, Smith was arraigned, bond
document on Patreon here
....
On November 13,
Inner City Press live tweeted
the bail appeal in which
Karony was ordered detained
and to be brought to EDNY, thread
On November 22,
Karony's lawyers filed -
Letter on Patreon here.
On November 27,
the prosecutors replied that
transport will take the time
it takes, and there is no
basis for release. Letter on
Patreon here.
In February,
Karony was given a new free
lawyer and a $3 million bond
package - but the co-signers
are confidential, unlike what
Inner City Press unsealed as
to SBF in SDNY.
Inner City Press
on February 17 filed a letter
to unseal the co-signers - on
February 22 Judge Komitee to
his credit had it docketed.
But nothing happened (?)
Jump cut to April
29, 2025 when Magistrate Judge
Cho held a conference on the
jury selection he will run on
May 5 (same time as US v. Sean
Combs in SDNY), thread.
On May 21, "a
federal jury convicted
Braden John Karony on all
counts of a three-count
indictment charging him with
conspiracy to commit
securities fraud, wire fraud,
and money laundering. The
charges arose from the
defendant’s and his
co-conspirators’ roles in
defrauding investors in a
decentralized finance digital
asset called “SafeMoon,”
issued by their company
SafeMoon LLC."
On December 29,
the US Attorney's Office wrote
in asking for a 12 year
sentencing on Karony, 22 page
sentencing memo on Patreon here
Inner City Press
is following the case(s)
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room
500 Pearl Street, NY NY 10007 USA
Mail: Box 130222 NY NY 10013
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2025 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com
|
,
