— Crime, John Karony
LONG READ: How John Karony went from visionary to convicted fraudster
The SafeMoon saga, in all its low-rent absurdity and sheer incompetence, may be the perfect encapsulation of crypto’s maximum-fraud era.
Read more (21 min) →20 stories, newest first
— Crime, John Karony
The SafeMoon saga, in all its low-rent absurdity and sheer incompetence, may be the perfect encapsulation of crypto’s maximum-fraud era.
Read more (21 min) →— John Karony, Legal
The defense said there could be no conspiracy between John Karony and SafeMoon CTO Thomas “Papa” Smith, because Smith was just taking orders.
— John Karony, Legal
CEO John Karony is accused of secretly withdrawing funds from SafeMoon liquidity pools and using them to buy cars and real estate.
— John Karony, Legal
The trial of former SafeMoon CEO John Karony saw testimony from a victim who lost $20K and a SafeMoon die-hard in a branded hoodie.
A stoic Sam Bankman-Fried sat down after the verdict, changed his mind, and hovered half-out of his chair as if looking for direction.
Jurors are set to begin deliberations in the trial of Sam Bankman-Fried -- but will they entertain his story and claims of ignorance?
In cross-examination, FTX founder Sam Bankman-Fried came off as evasive -- to the point that Judge Kaplan called him out.
Sam Bankman-Fried's defense team and its scattergun approach have left him open to an expansive cross-examination by prosecutors.
Bankman-Fried crumbled under cross-examination, stumbling, mumbling, avoiding questions, and saying he “did not recall” key details.
It appears that, for fallen FTX wonder boy Sam Bankman-Fried, stealing funds from customers was purely rational.