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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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  • Circle applies for US trust bank charter to manage its USDC reserve
  • SOL price rallies to $161 after ETF news, but is the rally sustainable?
  • ETH trading pattern points to 100% rally to $5,000: What are the odds?
  • Bitcoin holds steady as major catalysts align for breakout above $110K
  • Spanish authorities arrest five people in $541M crypto fraud case
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