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Safemoon chief executive sentenced in US to 100 months in prison for fraud scheme

( February 10, 2026, 21:14 GMT | Official Statement) -- MLex Summary: Braden John Karony, the chief executive of SafeMoon, a Utah-based digital asset company was sentenced in the US to 100 months in prison for conspiracy to commit securities fraud, wire fraud and money laundering in connection with a scheme to defraud investors in the firm's decentralized finance digital asset. As part of the sentence, Karony was ordered to forfeit approximately $7.5 million.Full statement follows:...

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