So, Braden John Karony, the ex-CEO of SafeMoon (yes, that SafeMoon), is pulling a classic “please, can we just wait a bit longer?” move. He’s asking a judge to hit the snooze button on his criminal trial, hoping that the Trump administration’s new digital asset vibes might magically make one of his charges disappear. 🪄✨
In a filing that screams “I’m not ready!” dated February 5, Karony’s legal team is basically saying, “Hey, can we push jury selection from March to April 2025?” They’re citing some “significant changes” from the SEC under Trump, which sounds like a fancy way of saying, “We’re just hoping for a miracle here.” 🙏
They even referenced a Trump executive order from January 23, which is like saying, “Look, he signed something! That must mean we’re in the clear, right?” And SEC Commissioner Hester Peirce is throwing around terms like “retroactive relief,” which sounds like a spa treatment for crypto cases. 🧖♀️
Karony’s lawyers are all like, “Imagine if we find out right before the trial that the DOJ doesn’t think SafeMoon is a ‘security’ anymore. That would be awkward, right?” I mean, who doesn’t love a little last-minute drama? 🎭
But wait, there’s more! The US authorities unsealed an indictment against Karony and his buddies in November 2023, charging them with securities fraud conspiracy, wire fraud conspiracy, and money laundering conspiracy. You know, just your average Tuesday in the crypto world. They allegedly “diverted and misappropriated millions” of SafeMoon’s SFM token. Classic! 💸
Now, the US Attorney’s Office is like, “Um, no thanks” to Karony’s request. They filed an opposition letter saying his motion is just a bunch of wishful thinking. Even if Trump decided to throw a party for crypto, the wire fraud and money laundering charges are still on the table. 🎉
US Attorney John Durham chimed in, saying, “These charges have nothing to do with SafeMoon’s status as a security.” Ouch! That’s a burn. 🔥
As for when Judge Eric Komitee will make a decision? Who knows! Karony is out on a $3 million bond, while his buddy Nagy apparently decided to take a little vacation in Russia. Sounds like a fun getaway! 🏖️
Trump DOJ Appointees: The New Crypto Enforcers?
As of February 7, the US Attorney’s office for EDNY is under Durham, who was appointed by Trump. But wait, there’s a plot twist! Trump plans to nominate Joseph Nocella Jr. to take over, leaving the future of crypto criminal cases hanging in the balance like a bad cliffhanger. 📺
Meanwhile, in the Southern District of New York, at least one prosecutor hinted that they might be scaling back on crypto enforcement. Because who doesn’t love a good plot twist? Danielle Sassoon is currently in charge until the Senate decides what to do with Trump’s pick, Wall Street insider and former SEC Chair Jay Clayton. Buckle up, folks! 🚀
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2025-02-08 00:44