SafeMoon Crashes by Over 50% as It Information for Chapter 7 Chapter
On December 14, SafeMoon formally filed for Chapter 7 chapter safety at the US Chapter Courtroom within the District of Utah.
A letter allegedly written by the agency’s chief restructuring officer surfaced on Reddit, explaining that the chapter submitting was the explanation behind the corporate’s lack of ability to pay worker wages. The doc suggested staff to file a declare with the chapter court docket for his or her unpaid wages.
Quite a few former supporters of SafeMoon expressed frustration on Reddit, alleging that they had been deceived by the corporate’s builders. Some customers claimed to have suffered monetary losses and urged others to hunt assist and keep away from additional funding. Former staff additionally raised considerations, noting sudden terminations regardless of working for a month with out pay.
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