Ex-SafeMoon chief sentenced to more than 8 years over $9M investor fraud
SafeMoon’s former chief technology officer, Thomas Smith, has also pleaded guilty and is awaiting sentencing. Alleged co-conspirator Kyle Nagy remains at large.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
SafeMoon’s former chief technology officer, Thomas Smith, has also pleaded guilty and is awaiting sentencing. Alleged co-conspirator Kyle Nagy remains at large.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
FTX’s former Bitcoin mining bet gets new life as parent raises €800 million for AI
SWI Group has raised €800 million to expand AI infrastructure, advancing its plan to repurpose FTX-backed Bitcoin miner Genesis Di...
Former Story Blockchain Plans to Shut Down and Rebuild Its AI Data Registry on Sui
The DATA Network, the blockchain formerly known as Story, will shut down its own chain and rebuild as a protocol running on Sui, w...
France’s tax proposal would tax Bitcoin-to-USDC swaps before investors cash out
France’s proposed crypto tax changes would make a move from Bitcoin or Ether into certain stablecoins a taxable disposal, even if...
SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom
Genesis Digital Assets, once one of Sam Bankman-Fried’s largest crypto investments, is being repurposed for the artificial-intelli...
Bitcoin records first bullish 13/34-week EMA crossover in 3.5 years
The bullish EMA crossover suggests potential upward momentum for Bitcoin, but macroeconomic factors like ETF flows and inflation r...
Moscow Exchange opens Bitcoin spot trading to retail investors on December 1
MOEX's Bitcoin spot trading for retail investors may increase regulatory oversight and transparency but could limit broader crypto...