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. The…
The article SafeMoon (SFM): Structure, Controversy and Lawsuits originally appeared on NerdWallet.