Safemoon fraud exposed: 26% token crashes in one day


The Safemoon fraud was exposed and the price of the token dropped by 26% afterward. Well, we know that Safemoon rewarded hodlers and added cash with the commissions it received from sellers. However, it was discovered that John Karony had not added the Safemoon he received from vendors to the liquidity pool. It looks like their team made a deal with Bitmart where the exchange sent the 5% Safemoon tokens to John while distributing the rest to the holders. And John just kept it.

Safemoon scam: Maybe the critics were right all along!

The Safemoon project always seemed to have something wrong with it. While at the time it was difficult to understand precisely what it was, now we know. It was the project team. Like John, Kyle, who was a member of the Safemoon team, was part of the liquidity fraud. While John did not deposit the tokens into liquidity, Kyle continued to withdraw from it. Another member, Thomas, lied about his XRP job offer and dev credentials to steal from the liquidity pool again.

However, the safemoon community is still committed to the idea that the project will continue. Well, you can’t expect that if the team is full of scammers. Even after the fraud was discovered, there were tweets of buying the dip and holding for the next 10 years.

Is this video real?

The Youtuber has given all the necessary evidence to conclude that the CEO of Safemoon was part of the fraud. It’s a long video, so you have to take your time to watch it; However, if you own Safemoon, I strongly recommend that you do. More importantly, if you think Safemoon is going to be an enrichment program for you even after so many frauds by its team, I highly envy your ability to believe people.

I personally wouldn’t invest a single penny in Safemoon, and I recommend the same to everyone. This article might get some backlash from the community, but at least I cited a reliable source this time.

Do you think the Safemoon fraud will be revealed, it will be the last nail in the coffin? Or will the community just continue to trust the scammers? Let us know in the comments below. Also, if you found our content informative, like it and share it with your friends.

Read also : Hyperinflation and depression are here, says Robert Kiyosaki.


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