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SafeMoon Karony Still Jailed in Utah Until Dec 6 So Renewed Petition for Bail in EDNY

by Matthew Russell Lee, Patreon Book Substack

EDNY COURTHOUSE, Nov 22 – On November 2, 2023 SafeMoon's trio were indicted in the U.S. District Court for the Eastern District of New York. Inner City Press covered it.

 Prosecutors charged Braden John Karony, Kyle Nagy, and Thomas Smith with conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering conspiracy for their roles in defrauding investors in a decentralized finance digital asset called “SafeMoon”  Earlier today, Karony was arrested in Provo, Utah...

 On November 3, Smith was arraigned, bond document on Patreon here ....

On November 8, EDNY prosecutors wrote "seeking the detention of the defendant Braden John Karony." Full memo on Patreon here.

But Karony was ordered free on bond, by Magistrate Daphne A. Oberg (whose previous freeing of January 6 defendant John Earle Sullivan Inner City Press previously covered here). The EDNY prosecutors have written to the assigned District Judge to appeal / seek a stay, 6-page letter on Patreon here.

On Sunday November 12 Karony's lawyers wrote in that "without more, every U.S. citizen facing criminal charges in the digital asset space would be detained through trial, in effect establishing an unrebuttable crypto presumption." Full letter on Patreon here.

On November 13, Inner City Press live tweeted the bail appeal in which Karony was ordered detained and to be brought to EDNY, thread:


 Judge: I order Mr. Karony to be detained pending his transfer to the EDNY. I will be happy to reconsider this if there is a most robust bail package. Adjourned.

After the judge got off, a voice said, SafeMoon Army, out.

On November 22, Karony's lawyers filed with Judge Komitee that Karony has not been removed from Utah and now can't be until December 6 - and so, they argued, he should be freed. Letter on Patreon here.

Inner City Press will follow the case(s)

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