Safemoon reddit

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms, safemoon reddit. Please safemoon reddit to Affiliate Disclosure. A human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow.

Marker assigned to oversee the case. The memecoin is down A letter allegedly written by the firm's chief restructuring officer surfaced on Reddit, explaining that the bankruptcy filing was the reason behind the company's inability to pay employee wages. The document advised employees to file a claim with the bankruptcy court for their unpaid wages. The regulator described the company's operations as a "massive fraudulent scheme. Numerous former supporters of SafeMoon expressed frustration on Reddit, alleging that they were deceived by the company's developers.

Safemoon reddit

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The regulator described the company's operations as a "massive fraudulent scheme. Russell 2, SafeMoon V2 is down

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Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money. The investing information provided on this page is for educational purposes only. NerdWallet, Inc. SafeMoon is a troubled cryptocurrency facing multiple class-action lawsuits. It offers a unique structure that encourages people to hold, rather than sell, which was originally intended to make it a safer, more profitable investment. But its value plummeted following revelations of false statements from the company, which have been the focus of legal complaints.

Safemoon reddit

A new type of cryptocurrency called SafeMoon is gathering interest amongst enthusiasts, search trends show. Little is known about the cryptocurrency so far, though developers have held live Ask Me Anything AMA meetings to answer some questions. Launched this month, SafeMoon claims it will reward people who buy and hold on to the cryptocurrency and issue a penalty to those who sell it on. Its Facebook page states: "Remember, getting to the moon takes time and the longer you hold the more tokens you pick up. Going "to the moon" is a phrase popularized in recent times by the WallStreetBets community on Reddit , who use it in reference to an asset price soaring. The mechanism by which SafeMoon rewards participants involves issuing a 10 percent penalty tax fee on sellers and redistributing five percent of this to people who already own the currency. One Reddit user claimed a whitepaper—a report that highlights the features of a product such as a cryptocurrency—is available on the website, but others said they had trouble accessing it. The SafeMoon website appeared to be down at the time Newsweek tried to load it.

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Total supply. SafeMoon V2 community. Exchanges: Loading data Nasdaq 16, Please refer to Affiliate Disclosure. Read full article. Add to watchlist. Watchlist Portfolio. Download the CoinMarketCap mobile app! Cryptocurrencies Tokens SafeMoon V2. SafeMoon protocol has an ambitious roadmap thanks to its growing popularity and they wish to release several products by the end of Show full width. Most Visited Cryptocurrencies.

Be careful with cryptocurrency. The crypto market is highly volatile and we do not recommend any particular cryptocurrency. SafeMoon is one of the newest and fastest-growing cryptocurrencies, even in a market that saw Bitcoin and Ethereum reach record-high values in recent months.

Update Token Info. Show full width. SafeMoon V2 markets. Russell 2, The document advised employees to file a claim with the bankruptcy court for their unpaid wages. Nikkei 39, People also watch. A human-focused technology and innovation business expanding blockchain technologies for a brighter tomorrow. SafeMoon V1 migrated to SafeMoon V2 with a ratio, meaning the supply can be described as following: a total supply of 1,,,,, with ,,, burned dev tokens and a fair launch supply of ,,, Do you own this project?