DeFi protocol SafeMoon officially files for bankruptcy
On December 15th, DeFi protocol SafeMoon officially filed for bankruptcy under Chapter 7 of the US Bankruptcy Code.
As previously reported by BlockBeats, the US SEC accused BNB Chain's DeFi protocol SafeMoon LLC and its founder Kyle Nagy, SafeMoon US LLC, CEO John Karony, and CTO Thomas Smith of conducting a large-scale fraudulent scheme through the unregistered cryptocurrency security SafeMoon.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget CFD Championship (phase 19): Four reward pools, 75,000 USDT to share
Bitget to Adjust CFD Leverage During Special Trading Periods in the Fourth Week of October 2026
Upgraded App copy trading experience
Axis Robotics (AXIS) to be listed on Bitget Launchpool — Grab a share of 1,333,333 AXIS
Crypto prices
More
