Former SafeMoon CEO Karony has been convicted of three charges and may face 20 years in prison

According to Cointelegraph, a jury in the Eastern District of New York Federal Court has found former SafeMoon CEO Braden John Karony guilty of all three charges, including securities fraud conspiracy, telecommunications fraud conspiracy, and money laundering conspiracy. The trial lasted for two weeks, and Karony always insisted on his innocence. The jury will decide on the punishment of confiscation of his property in the future, and the sentencing date has not yet been announced. According to Protos, he will face 20 years in prison.