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News Explorer — DOJ Isn't Backing Off Safemoon Founders Despite Crypto Memo

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Apr 22, 7:41 pm
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DOJ Isn't Backing Off Safemoon Founders Despite Crypto Memo

The Department of Justice intends to move forward with a securities fraud case against Safemoon's founders, despite recent guidance to avoid cases involving determining the securities status of cryptocurrencies. The judge overseeing the case denied the defendants' motion to dismiss based on SFM's security status, leaving it for the jury to decide.

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