SafeMoon CEO Sentenced to Over 8 Years as Judge Calls Scheme “Theft”

A US federal judge sentenced Braden John Karony, the former CEO of SafeMoon, to 100 months in prison, following his conviction for fraud tied to the collapse of the once-hyped Solana token. US District Judge Eric Komitee delivered the sentence after hearing emotional victim testimony and forceful arguments from prosecutors, who accused Karony of exploiting investor trust while secretly diverting funds. The court also scheduled a separate hearing on restitution and financial penalties for April 23. “This Was a Massive Fraud”: Judge Rejects Defense Pleas During sentencing, Judge Komitee dismissed defense arguments that Karony’s age and background should mitigate his punishment source: https://beincrypto.com/safemoon-ceo-sentencing-victims-testimony/