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Crypto Token Tied to Sam Bankman-Fried Is Now the Year’s Best Performer

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Almost a year after the demise of Sam Bankman-Fried’s crypto empire, one of the blockchain projects most associated with the now disgraced entrepreneur is emerging from under the cloud his downfall cast over the digital-asset world.

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Crypto Token SafeMoon Founders Spent Investor Cash on Sports Cars, US ClaimsThe executives behind the cryptocurrency SafeMoon — which once boasted a 19,000% price gain amid a 2021 crypto frenzy — were accused by federal prosecutors Wednesday of using millions of dollars of investors funds to buy luxury homes and McClaren sports cars.
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