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New York district gets interim US Attorney as ex-SafeMoon CEO trial kicks off

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

The US Attorney’s Office overseeing the criminal case against the former CEO of SafeMoon will be headed by a Trump appointee for up to 120 days.

Acting US Attorney for the Eastern District of New York (EDNY) John Durham has departed as President Donald Trump’s pick takes control of the office.

In a May 5 notice, the US Attorney’s Office for EDNY said Joseph Nocella will serve as interim US Attorney for the region for 120 days or until a Senate-confirmed nominee assumes the role. Nocella’s appointment came as jury selection began in the criminal trial of Braden John Karony, the former CEO of crypto firm SafeMoon.

It’s unclear how the advancement of Nocella, appointed by US President Donald Trump this month, could affect prosecutors’ case against Karony, who faces charges of securities fraud conspiracy, wire fraud conspiracy, and money laundering conspiracy. Nocella said he intended to help prosecute “narcotics-traffickers, gang members, terrorists, human-traffickers and other criminals.”

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  • SOL price rally to $200 brewing, but 3 key catalysts must happen first
  • Pavel Durov warns France is experiencing societal collapse
  • Bitdeer to offer $330M convertible notes to expand operations
  • US DOJ files to seize $225M in crypto tied to pig butchering schemes
  • New York authorities freeze $300K linked to crypto scammers
  • Bitcoin supply squeeze intensifies as ‘ancient’ holders eclipse newly mined BTC
  • Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

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