Quote from: Iron Fist on November 01, 2023, 05:28:53 PM

I just read the news. Get out while you still can!

Quote

The Securities and Exchange Commission today charged SafeMoon LLC, its creator Kyle Nagy, SafeMoon US LLC, and the companies’ Chief Executive Officer, John Karony, and Chief Technology Officer, Thomas Smith, for perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security, SafeMoon. According to the SEC’s complaint, the Defendants promised to take the price of the token “Safely to the moon,” but instead of delivering profits, they wiped out billions in market capitalization, withdrew crypto assets worth more than $200 million from the project, and misappropriated investor funds for personal use.

https://www.sec.gov/news/press-release/2023-229
https://www.coindesk.com/policy/2023/11/01/sec-charges-safemoon-team-with-fraud-offering-unregistered-crypto-securities/

This is the big risk if you save new coins (safemoon) it is better to invest in the top 10 rankings on coinmarketcap, Safemoon perpetrating a massive fraudulent scheme through the unregistered sale of the crypto asset security .