CRYPTO:SFMUSD

Safemoon V2 Usd Stock News

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At Close: Jun 14, 2026
SafeMoon (SFM), a formerly prominent decentralized finance (DeFi) digital currency, has taken an unexpected step by initiating Chapter 7 bankruptcy proceedings in the United States.
In under a month since the United States Securities and Exchange Commission (SEC) initiated a lawsuit against SafeMoon and its creators, the company has opted to voluntarily file for Chapter 7 bankrup
SafeMoon filed for bankruptcy in Utah on Thursday.
Cryptocurrency firm SafeMoon (CRYPTO: SFM) declared Chapter 7 bankruptcy. The company revealed in its Utah Bankruptcy Court submission that it has liabilities ranging from $100,000 to $500,000.
From BONK making wild moves to Trump offering a dinner date to Mugshot NFT buyers, here is a 4-minute breakdown of everything important that happened in crypto this week.
The filing comes just weeks after it was reported that Moonpay executives were at the centre of a Department of Justice (DoJ) securities fraud investigation.
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