According to Foresight News, SafeMoon CEO Braden John Karony, founder Kyle Nagy, and CTO Thomas Smith have been charged in the US District Court for the Eastern District of New York. The executives of the DeFi protocol on the BNB Chain are accused of conspiracy to commit securities fraud, conspiracy to commit wire fraud, and conspiracy to commit money laundering. Karony was recently arrested in Provo, Utah.

In November, Karony was ordered to be detained during a bail appeal and was brought to EDNY. However, recent BOP data shows that Karony spent Christmas in Brooklyn's MDC prison.

Join in the Binance Futures Trading Bots promotion for a chance to share a rewards pool of 100,000 USDT in vouchers! Trade with Futures Grid Trading Bots to get started.
Register for the Promotion Now
Promotion Period: 2023-10-31 00:00:00 (UTC) to 2023-11-15 23:59:59 (UTC)
Promotion A: User Protection Pool of 50,000 USDT
Create Futures Grid Trading Bots during the Promotion Period to grab a share of up to 50,000 USDT in futures bonus vouchers, based on the sequence of loss reported.
Binance will calculate the Profit and Loss (PnL) on Futures Grid Trading Bots created during the promotion that remain active till 2023-11-15 23:59:59 (UTC), based on the market price of 2023-11-15 23:59:59 (UTC).
If things don’t go as planned, Binance will get your back by covering 50% of the loss, capped at 50 USDT per user, until a maximum of 50,000 USDT pool is fully distributed.
Promotion B: 10 USDT Rebate for New Futures Grid Traders
Create Futures Grid Trading Bots for the first time during the Promotion Period, invest a total initial margin of at least 50 USDT equivalent across all Futures Grid Trading Bots, and keep the bots active for at least 72 hours, to qualify for the rewards.
The first 3,000 eligible users will each receive 10 USDT in futures trading fee rebate voucher.
Promotion C: Share 20,000 USDT Active Trader Reward!
Create Futures Grid Trading Bots, keep the trading bots active and trigger at least 70 grid orders within a week across all trading bots created during the promotion to qualify.
The first 1,000 users who hit the milestone will be eligible to each receive 20 USDT in futures bonus vouchers.
How to Participate:
Step 1: Log into Binance Futures. If you don’t have a verified Binance Futures account yet, please sign up here.
Step 2: Register for the activity by clicking on “Register Now” on the activity page.
Step 3: Set your Futures Grid Trading Bot here on USDⓈ-M or COIN-M contracts.
Promotion Terms and Conditions:
Users must click on the “Register Now” button on the activity landing page to participate.The promotion is only available to users who are eligible for trading on Binance Futures, and may not be available or may be restricted in certain jurisdictions or regions or to certain users, depending on legal and regulatory requirements.Users are responsible for informing themselves about and observing any restrictions and/or requirements imposed with respect to the access to and use of Binance Futures trading services in each country/region from which the services are accessed. Binance reserves the right to change, modify or impose additional restrictions with respect to the access to and use of Binance Futures trading services from time to time in its sole discretion at any time without prior notification.Promotion A: Only Futures Grid Trading Bots created during the promotion will count.Only PnL during the promotion will count.Each user may receive up to 50 USDT in futures bonus voucher. A maximum of 50,000 USDT will be distributed to eligible users, based on the sequence of loss reporting. Promotion B Only users who have never engaged in grid trading on Binance before 2023-10-31, and create their first Futures Grid Trading Bot during the Promotion Period are eligible.Users should keep their bots running for at least 72 hours.Users should invest a total initial margin of at least 50 USDT equivalent.Only the first 3,000 eligible users will each receive a reward. Promotion CUsers should trigger at least 70 grid orders within a week across all Futures Grid Trading Bots to qualify.Only the first 1,000 eligible users will each receive a reward.Sub-accounts will not be considered as individual participants. Trading activity of sub-accounts will be combined with the master account’s trading activity in the final calculation.Rewards for Promotions A, B and C are not mutually exclusive. Users may participate in and receive rewards from all three Promotions, where eligible.All vouchers will be distributed within 14 working days after the conclusion of the promotion. Binance users will be able to login and redeem their vouchers via Account > Rewards Hub.The validity period for all vouchers is set at 30 days after distribution. Eligible users should claim their vouchers before the expiration date. Learn how to redeem voucher rewards.Binance shall not be liable for any losses or damages arising from your use of futures trading services. Binance reserves the right to disqualify user’s reward eligibility if the account is involved in any dishonest behavior (e.g., wash trading, illegally bulk account registrations, self dealing, or market manipulation).Binance reserves the right to determine and/or amend or vary these Terms & Conditions, its eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done if it is justified due to important reasons, including:Changes in applicable regulations or policies;Obligations arising out of law or decisions issued by common courts or public administration;Anti-money laundering or combating financing terrorism rules;Technical issues beyond our control;Necessity to protect users from potential losses;Necessity to protect Binance from the loss of reputation.Additional promotion terms and conditions apply and can be accessed here.Where any discrepancy arises between the translated versions and the original English version, the English version shall prevail.