SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC

Nagy, known as “Safemoon Dev,” 35; Karony, “CPT_HODL_T_MUN,” 27; and Smith, known as “papa,” 35, were charged with conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering conspiracy. In one example, the DOJ said Smith diverted tokens to buy himself a Porsche 911.