SafeMoon CEO asks to push trial based on Trump SEC’s ‘policy changes’
Braden John Karony, the former CEO of crypto firm SafeMoon, has requested a delay in his criminal trial, hoping that potential changes in regulations under the Trump administration might affect his case. In a filing with the US District Court for the Eastern District of New York, Karony cited the possibility of the Securities and Exchange Commission redefining digital assets like SafeMoon, which could invalidate one of the charges against him. His trial is currently set for March 2025, and he is asking for it to be postponed until April. However, the US Attorney’s Office has opposed this request, arguing that the proposed regulatory changes are speculative and do not relate to the existing charges of wire fraud and money laundering. Karony is currently awaiting trial while his co-defendants have faced various legal challenges, with him pleading not guilty to all charges. The case highlights the uncertainty in the crypto regulatory landscape following shifts in political leadership.
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