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The CEO of SafeMoon, a cryptocurrency company based in Utah County, has been found guilty of fraud involving the diversion of millions of dollars worth of tokens. The funds were reportedly used to purchase luxury vehicles, real estate, and to finance personal investments. Attorneys representing victims have condemned the CEO's actions as driven by selfish desires and greed. The CEO faces up to 45 years in prison for the charges related to this cryptocurrency fraud case.
CEO of Utah County-based SafeMoon has been found guilty of diverting “millions of dollars’ worth of tokens” to buy “luxury vehicles and real estate, and to fund personal investments.” https://t.co/A1Wf3A34RL
A Utah man faces years in prison after he was found guilty in a crypto fraud case. I spoke with an attorney representing some of the victims https://t.co/bRuCs2dakk @KSL5TV
'Steered by his selfish desires and insatiable greed': Attorneys for victims of a cryptocurrency fraud case are reacting after the CEO of Utah-based SafeMoon was found guilty. @danielmwoodruff reports. https://t.co/Li6cWoyLx6
