Is SafeMoon a scam?
BNB Chain token that briefly went viral in 2021 with celebrity endorsements (Jake Paul, Soulja Boy, Lil Yachty). Marketed as a "deflationary" token. Internal records later showed founders pulled liquidity for personal use while telling holders the liquidity pool was locked.
| Status | prosecuted |
|---|---|
| Category | rug-pull |
| First observed | 2021-03-01 |
| Collapsed | 2023-12-01 |
| Reported victims | 5,000,000 |
| Estimated losses | $200,000,000 |