Former SafeMoon CEO Braden Karony has been sentenced to 100 months in prison for stealing $9 million from the crypto platform’s liquidity pool to fund a lavish lifestyle. Karony used the stolen funds to buy a $2.2 million home and luxury cars. Two SafeMoon execs convicted, one at large, while others face similar sentences. Former crypto executives Sam Bankman-Fried and Alex Mashinsky are serving long prison terms for financial crimes related to the 2021-2022 market cycle. President Trump refuses to pardon Bankman-Fried, who is seeking a new trial.

Read more at Cointelegraph: SafeMoon CEO Given 8-Year Jail Time Over Crypto Scam