Ex-SafeMoon chief sentenced to 8 years over $9M investor fraud

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The former CEO of SafeMoon has been sentenced to 8 years in prison for $9M investor fraud, while the former CTO has pleaded guilty and awaits sentencing.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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SafeMoon’s former chief technology officer, Thomas Smith, has also pleaded guilty and is awaiting sentencing. Alleged co-conspirator Kyle Nagy remains at large.

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Original article published by CoinTelegraph on February 11, 2026.
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