The US Securities and Exchange Commission (SEC) has charged the creators and executives of the cryptocurrency Safemoon with violating securities laws. The SEC alleges that the defendants raised over $200 million from investors by selling unregistered securities, and then used that money to fund personal expenses, including the purchase of McLaren cars, luxury homes, and extravagant travel. The SEC's complaint alleges that Safemoon was a "fraudulent scheme" from the start. The defendants allegedly made false and misleading statements to investors about the safety and profitability of Safemoon, while also failing to disclose their own conflicts of interest.
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GRAM
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Mkt Cap $2.28T
BTC Dom 56.69 %
BTC
$64,602.00
▼ -0.30%
ETH
$1,910.41
▲ +0.00%
USDT
$0.999271
▲ +0.00%
BNB
$588.38
▼ -1.10%
USDC
$0.999624
▲ +0.00%
XRP
$1.03
▼ -1.70%
SOL
$73.17
▼ -0.90%
TRX
$0.32694
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.38
▲ +0.50%
DOGE
$0.069366
▼ -0.60%
USDS
$0.999851
▲ +0.00%
RAIN
$0.012718
▲ +1.20%
LEO
$9.76
▲ +0.10%
ZEC
$505.58
▼ -0.50%
ADA
$0.200515
▲ +6.50%
XMR
$370.75
▲ +1.70%
WBT
$55.92
▼ -0.40%
LINK
$8.22
▲ +0.30%
XLM
$0.161994
▲ +0.10%
DAI
$1.00
▲ +0.00%
BCH
$215.42
▲ +0.30%
USD1
$0.999665
▲ +0.00%
USDE
$0.999571
▲ +0.00%
GRAM
$1.33
▼ -4.00%
BTC
$64,602.00
▼ -0.30%
ETH
$1,910.41
▲ +0.00%
USDT
$0.999271
▲ +0.00%
BNB
$588.38
▼ -1.10%
USDC
$0.999624
▲ +0.00%
XRP
$1.03
▼ -1.70%
SOL
$73.17
▼ -0.90%
TRX
$0.32694
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.38
▲ +0.50%
DOGE
$0.069366
▼ -0.60%
USDS
$0.999851
▲ +0.00%
RAIN
$0.012718
▲ +1.20%
LEO
$9.76
▲ +0.10%
ZEC
$505.58
▼ -0.50%
ADA
$0.200515
▲ +6.50%
XMR
$370.75
▲ +1.70%
WBT
$55.92
▼ -0.40%
LINK
$8.22
▲ +0.30%
XLM
$0.161994
▲ +0.10%
DAI
$1.00
▲ +0.00%
BCH
$215.42
▲ +0.30%
USD1
$0.999665
▲ +0.00%
USDE
$0.999571
▲ +0.00%
GRAM
$1.33
▼ -4.00%
Mkt Cap $2.28T
BTC Dom 56.69 %
BTC
$64,602.00
▼ -0.30%
ETH
$1,910.41
▲ +0.00%
USDT
$0.999271
▲ +0.00%
BNB
$588.38
▼ -1.10%
USDC
$0.999624
▲ +0.00%
XRP
$1.03
▼ -1.70%
SOL
$73.17
▼ -0.90%
TRX
$0.32694
▲ +0.10%
FIGR_HELOC
$1.04
▲ +1.50%
HYPE
$56.38
▲ +0.50%
DOGE
$0.069366
▼ -0.60%
USDS
$0.999851
▲ +0.00%
RAIN
$0.012718
▲ +1.20%
LEO
$9.76
▲ +0.10%
ZEC
$505.58
▼ -0.50%
ADA
$0.200515
▲ +6.50%
XMR
$370.75
▲ +1.70%
WBT
$55.92
▼ -0.40%
LINK
$8.22
▲ +0.30%
XLM
$0.161994
▲ +0.10%
DAI
$1.00
▲ +0.00%
BCH
$215.42
▲ +0.30%
USD1
$0.999665
▲ +0.00%
USDE
$0.999571
▲ +0.00%
GRAM
$1.33
▼ -4.00%
