Safemoon files for Chapter 7 bankruptcy – is the coin dead?

On 14th December Safemoon filed for Chapter 7 bankruptcy continuing the company’s saga after teh founders been charged for violating securities law.

The employers are unpaid for months now and will have to file a claim in the bankruptcy court to reclaim and recover their money.

The coin experienced a sudden surge making lots of millionaires before plunging to abyss losing 95% of its value.

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