<ul><li>Former SafeMoon executive Braden Karony convicted of conspiracy to commit securities fraud, wire fraud, and money laundering.</li><li>Karony faces up to 45 years in prison and forfeiture of $2 million in real estate assets tied to the fraud; co-conspirator Thomas Smith also awaits sentencing.</li><li>Third alleged participant, Kyle Nagy, remains at large; case highlights fraudulent practices in decentralized finance (DeFi) sector.</li><li>Original SafeMoon project taken over by the community and rebranded as a memecoin after the scandal; verdict seen as a win for U.S. regulators combating crypto-related misconduct.</li></ul>

Former SafeMoon Executive Braden Karony Convicted in Multi-Million Dollar Crypto Fraud Case

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