Ex-SafeMoon marketing chief caught in $12 million pump and dump scheme
Specifically, Phillips, the former chief of SafeMoon's crypto marketing team who now runs a prank YouTube channel, would publicly claim that he was bullish and had 'diamond hands', as well as urge his 749,000 Twitter followers to "Buy the dip".
The SafeMoon controversy It is worth noting that almost one year ago, Finbold reported on analysts' warnings about SafeMoon potentially being a pump-and-dump coin, despite the team touting it as a decentralized finance token that would skyrocket in price.Interestingly, Karony's announcement came after the filing of a securities class action lawsuit against SafeMoon.
Source
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