SafeMoon Legal Drama: DOJ Nixes Charges?

SafeMoon CEO @BradenKarony attempts to dismiss charges, citing a US DOJ crypto unit closure. In April, Karony’s lawyer referenced an April 7 memo suggesting DOJ won't regulate digital assets. Charges include securities violations and misused investor funds totaling $200M. With SafeMoon's bankruptcy, previously delayed trials, and associated guilty pleas, Karony’s dismissal bid highlights the chaotic legal tussle in the crypto world—where regulation remains cloudy and unpredictable.