SHIBARIUM ACHIEVES DOUBLE

Last updated: June 15, 2025, 12:32  |  Written by: Elizabeth Rossiello

Shibarium Achieves Double
Shibarium Achieves Double

Federal Prosecutors Allege That Karony

The criminal trial of former SafeMoon CEO Braden John Karony started at a sprint today, moving swiftly from opening statements and testimony from a victim who lost

Federal prosecutors allege that Karony, Kyle Nagy, who remains at large after fleeing to Russia, and former CTO Thomas Smith defrauded investors, siphoning over

SafeMoon LLC, SafeMoon US LLC, Kyle Nagy, Braden John Karony

John Karony

U.S. prosecutors challenge the bail of SafeMoon CEO John Karony, citing fraud allegations. Karony was initially granted bail with strict conditions by a Utah judge on

John Karony, 27, and two other company leaders lied to investors and lined their own pockets, federal officials claim.

The Securities and Exchange Commission today charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ Chief Executive Officer, John

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Elizabeth Rossiello can be reached at [email protected].

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