The US SEC charges SafeMoon and its exec team for selling unregistered crypto securities and misappropriating investors' funds the team had said were "locked" (Oliver Knight/CoinDesk)

Oliver Knight / CoinDesk:
The US SEC charges SafeMoon and its exec team for selling unregistered crypto securities and misappropriating investors' funds the team had said were “locked”  —  The team bought luxury cars and homes with funds that they told investors were “locked,” according to the regulator.

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