SafeMoon LLC was a cryptocurrency and blockchain company created in March 2021.[2] The company created the SafeMoon token (SFM) which traded on the BNB Chain blockchain.[3][4][5] The token charged a 10% fee on transactions, with 5% redistributed (or reflected) to token holders and 5% directed to wallets in a different currency, Binance Coin (BNB), controlled by the coin's authors.[6][7] The token reached its all time high market cap in April 2021 of $17b. As of December 2022, it had dropped 98.7% in value to $223m.[8]
The SafeMoon company released a minimal-function cryptocurrency wallet and announced plans to release other cryptocurrency products. The company and the token have been the subject of several controversies: having been compared to a ponzi-scheme, not delivering on products, having multiple class-action lawsuits filed against them, and facing serious fraud allegations. In November 2023, the SEC and the DoJ charged SafeMoon and its executive team with fraud, the unregistered offering of securities, and money laundering.[9][10][11][12]
^Safemoon Sundays: January 9, 2022
^DeCambre, Mark (18 May 2021). "Here's What Crypto SafeMoon Is and Why It's Trending". Barron's. Retrieved 14 June 2021.
^"What is SafeMoon coin? A Bitcoin, Ethereum, and Dogecoin challenger". Fortune. 17 May 2021. Retrieved 1 June 2021.
^Brooks, Matt (7 May 2021). "What is SafeMoon? New cryptocurrency explained, how to buy in UK - and could it rival Dogecoin in popularity". The Scotsman. Retrieved 1 June 2021.
^Conway, Luke (26 May 2021). "Is SafeMoon Really a Safe Investment?". The Street. Retrieved 1 June 2021.
^Ostroff, Caitlin (6 May 2021). "Dogecoin's 12,000% Rally Spurs Hunt for Next Crypto Winner". The Wall Street Journal. Retrieved 1 June 2021.
^Harper, Chris (23 April 2021). "What is SafeMoon". BirminghamLive. Retrieved 14 June 2021.
Anyone) Buy Safemoon?". The Motley Fool – via NASDAQ.com. Smith, Sarah (3 May 2021). "SafeMoon Audit: 9 Things to Know About the SafeMoon CertiK Findings"...
April 2022, Findeisen accused the SafeMoon team of misappropriating millions of dollars. According to Findeisen, Safemoon CEO John Karony had been removing...
2022, in a class-action lawsuit filed against the cryptocurrency company SafeMoon that alleged the company is a pump-and-dump scheme, McCollum was named...
2022, in a class-action lawsuit filed against the cryptocurrency company SafeMoon that alleged the company is a pump and dump scheme, Carter was named as...
Phillips for promoting the SafeMoon token on their social media accounts with misleading information as part of the 2022 Safemoon fraud allegations. On the...
soccer club SFM is the ticker symbol for the controversial cryptocurrency SafeMoon. SFMA (disambiguation) All pages with titles beginning with SFM All pages...
Justin; Dossett, Julian (29 March 2018). "How to keep your cryptocurrency safe". CNET Money. Archived from the original on 2018-04-07. Retrieved 2020-11-12...
social media. On the same day, a class-action lawsuit was filed against SafeMoon alleging it to also be a pump and dump scheme with professional boxer Jake...
mentions Safed as one of five elevated spots where fires were lit to announce the New Moon and festivals during the Second Temple period. Safed attained...
2022, in a class-action lawsuit filed against the cryptocurrency company SafeMoon that alleged the company is a pump-and-dump scheme, Way was named as a...
using blockchain to Automate Foreign Exchange in a Regulated environment (SAFER)". Innovate UK. Archived from the original on 4 May 2016. Castillo, Michael...
introduces an application binary interface (ABI) that facilitates multiple type-safe functions within a single smart contract (this was also later supported by...
protection against scammers. Online forum communities provide information about safe drug use in an environment where users can anonymously ask questions. Some...
backed stablecoin is backed in a decentralized manner, they are relatively safe from predation, but if there is a central vault, it may be robbed or suffer...
On the same day, LocalBitcoins shared that LocalBitcoins accounts were safe to use and emphasized the importance of two-factor authentication. In November...
Properties of cryptocurrencies gave them popularity in applications such as a safe haven in banking crises and means of payment, which also led to the cryptocurrency...
A Moon landing or lunar landing is the arrival of a spacecraft on the surface of the Moon, including both crewed and robotic missions. The first human-made...
Samuel Reed, with financing from family and friends. Bitmex completed a SAFE[clarification needed] round of investment in July 2015 then shortly after...
the Moon painting captioned "Doge Barking at the Moon", a message which was taken by some as a reference to the industry slang term "to the moon", meaning...
cryptographic hash functions, such as the SHA series, is no longer considered safe for password storage.: 5.1.1.2 These algorithms are designed to be computed...
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