SafeMoon CEO's Bail Release Order Is on Hold Due to Flight Risk and Danger to the Community, Say Prosecutors

The bail release order for SafeMoon CEO Braden John Karony has been put on hold by federal prosecutors, who argue that he is a flight risk and poses a danger to the community. Prosecutors challenged a Utah judge's decision to grant Karony a $500,000 bail, stating that he has substantial financial means and the ability to flee. They also claim that Karony has significant overseas ties and can access assets totaling millions of dollars.