Safemoon


Markets

SafeMoon to Launch Memecoin on Solana After Burning Most of SFM Supply

SFM holders will have an opportunity to sell their tokens despite current low liquidity levels.

Credit: Jp Valery, Unsplash

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SFM Plunges as SafeMoon Files for Chapter 7 Bankruptcy

CoinDesk managing editor for global policy and regulation Nikhilesh De breaks down SafeMoon's Chapter 7 bankruptcy filing with the Utah Bankruptcy Court. Plus, insights on the current state of the crypto company and the criminal charges faced by its executives.

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Crypto Firm SafeMoon Files for Chapter 7 Bankruptcy: What You Need to Know

Crypto company SafeMoon filed for Chapter 7 bankruptcy on Thursday, as its executives face criminal charges in the U.S. SafeMoon’s SFM token tanked over 42% in the past 24 hours following the news. CoinDesk managing editor for global policy and regulation Nikhilesh De weighs in.

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