Bitcoin.com
2023-12-16 23:30:50

Safemoon Files for Chapter 7 Bankruptcy Protection Amid Securities and Wire Fraud Charges

In the latest development, Safemoon, a crypto company, voluntarily initiated Chapter 7 bankruptcy proceedings in the District of Utah, as stated in their bankruptcy documentation. This action comes on the heels of the company’s founders facing indictment for securities fraud, wire fraud, and money laundering by the U.S. Securities and Exchange Commission and Department of

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