Case Details
Full Name: Braden John Karony
State: New York
District: Eastern District of New York
Defendants: Braden John Karony
Case Number: 1:23-cr-00433
Type of Case: Criminal
Initiation Date: 31/10/2023
Disposition: Convicted and Sentenced
Case Status: Conviction affirmed April 2025
Sentence: Sentenced — 100 months (February 10, 2026)
Time Served: N/A
Release Date: N/A
Case Summary
Karony, the CEO of SafeMoon, was convicted of securities fraud, wire fraud, and money laundering conspiracies. He was sentenced to 100 months in prison and approximately $7.5 million was forfeited.
Problems with the Case
WW frames this as a crypto-regulation and due-process case, arguing the prosecution occurred in an unclear regulatory environment, and that the defense was hampered by asset restraints, late disclosure, denied continuance, limited cross-examination, and exclusion of defense expert evidence.
