From the Moon to the cell: SafeMoon crypto leaders arrested in the United States

The United States government has just arrested the senior executives of the SafeMoon (SFM) cryptocurrency, namely Kyle Nagy, Braden John Karony and Thomas Smith. They are accused of quietly stealing more than $200 million from the project, misappropriating investors' funds to finance a flamboyant lifestyle. The price of the SFM token fell by almost 60% following the news.

source: cryptoast