🚨 The SEC announces charges against cryptocurrency firm SafeMoon LLC and its executives, including founder Kyle Nagy, CEO John Karony, and CTO Thomas Smith, for fraud and unregistered crypto offering. The SEC alleges a large-scale fraud, promising significant profits to victims, DeFi fraud, misusing funds for personal purposes, and manipulating the market through wash trading, with over $200 million withdrawn from the project. #BitcoinWorld #CryptoRegulation 📉🚔💼