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Safemoon's LP's have all been liquidated as per the Chapter 7 Bankruptcy.

All Cryptocurrencies

by COINS NEWS 91 Views

Here are the main Safemoon LP pairs:

BSC
ETH
MATIC

The balances are now zeroed out.

All funds have been transferred to the Trustee's wallet:

https://bscscan.com/address/0x6f96042e6064ed5025b13a5b5b51702942cae537

This wallet now owns $10.6m in assets split approximately:

12,090 BNB - $3.6m
$1.25m USD stablecoins
13.1 BSC WBTC - $560k
154 BSC WETH - $360k
2m MATIC - $1.6m
160 MATIC WETH - $377k
$510k USD Stablecoins
647 ETH - $1.5m
8.6 WBTC - $370k
$200k USD

And yet, there are some members of the Safemoon Cult angry at the Government Trustee for liquidating LP? They shouldn't be.

That's $10m total liquidated from the combined LP's by the Trustee.

Here's a single LP removal transaction made by John & Thomas, for a total value on the day of $74.1m


This was made AFTER John explicitly promised the LP's were locked and secure.

This is one of 100 LP removals, totaling nearly $300m.


The Government has one mandate - recover as much money as possible from Safemoon in order to pay off existing creditors & upcoming fines & penalties from the SEC.

At the time of the bankruptcy filing, Safemoon was already -99.8% down from All Time High.


The Government didn't rug Safemoon investors. John Karony, Thomas Smith & Kyle Nagy did. These three individuals committed the fraud, embezzlement and theft that landed themselves with an indictment and criminal prosecution.

These three individuals made the token worthless thanks to their greed and mismanagement. Blame them.

submitted by /u/TNGSystems
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