| SafeMoon
Karony Got
Bail so Inner
City Press Bid
to Unseal Now
Final Prep for
Jury Selection
by
Matthew Russell Lee, Patreon Book
Substack
EDNY COURTHOUSE,
April 29 – 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
On November 22,
Karony's lawyers filed -
Letter on Patreon here.
On November 27,
the prosecutors replied that
transport will take the time
it takes, and there is no
basis for release. Letter on
Patreon here.
In February,
Karony was given a new free
lawyer and a $3 million bond
package - but the co-signers
are confidential, unlike what
Inner City Press unsealed as
to SBF in SDNY.
Inner City Press
on February 17 filed a letter
to unseal the co-signers - on
February 22 Judge Komitee to
his credit had it docketed.
But nothing happened (?)
Jump cut to April
29, 2025 when Magistrate Judge
Cho held a conference on the
jury selection he will run on
May 5 (same time as US v. Sean
Combs in SDNY), thread.
Inner City Press
will follow the case(s)
***
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