We are reviewing the recent news and we of course take these issues extremely seriously.
As we receive more information, we will do our best to address the situation as quickly as possible.
In the meantime our teams continue to build and we keep our focus on delivering for our users, building our vision and moving forward on our mission.
We want to provide an update on the current battle https://t.co/HrbX93fwkq finds itself in with the SEC. We are pleased to inform you that the Court did not grant the SEC’s request for a TRO and freeze of assets on our platform which was clearly unjustified by both the facts and the law.
Instead, we were able to reach a Court-ordered agreement with the SEC that allows us to continue our ordinary course business. There has never been any evidence presented by the SEC concerning mis-use of customer assets. In fact, the SEC lawyers conceded in Court earlier this week, when asked by the Judge, that they had no evidence suggesting that any such thing had occurred.
The SEC’s request would have effectively shuttered our business, which is consistent with the agency’s continued attempts to kill the crypto industry by any means, even by making allegations that are not supported by the facts.
This fight has damaged our business and our reputation but not our fighting spirit or our resolve to defend ourselves against unwarranted charges and “regulation by enforcement” tactics that do not belong in our system of justice.
We look forward to continuing to defend ourselves in court.
After 12pm UTC today, #Binance will be swapping 750M USDT-TRX for USDT-ETH directly with the Tether team to ensure stablecoin liquidity across all chains for our users.
If you see any significant movements of USDT from our wallets today, that's why.
Funds are SAFU.
This is simply false. Not sure if it's the journalist or the source.
To the best of my knowledge, https://t.co/uOunqVwgGa had in total roughly $2 billion in user funds. This number in USD equivalent fluctuates a little as crypto prices change. And declining as users withdraw due to recent news.
All user funds are accounted for, and never left the https://t.co/uOunqVwgGa platform (unless users withdraw themselves of course), ever.
I WILL BUY $10 OF #SAFEMOON FOR EVERY RETWEET AND FOLLOW THIS TWEET GETS, FROM MY OWN PERSONAL WALLET. NO CAP.
BANKRUPT ME.
Max limit $50k.
Bots not counted.
Blockchain proof will be shown.
https://t.co/YbZshEjvdR launches tomorrow, don't miss out!
An update message to the SafeMoon community:
As we progress towards resuming regular business operations, we are eager to provide you with the latest updates and showcase the collaborative efforts of our team and valued partners as we work to get us back on track.
Soon, we will resume service and launch cross chains which will involve updated supportive mobile releases as well as the deploying of new contracts. Some of which you may have already seen take place.
Further, we are moving to reseed liquidity in a phased approach and will be balancing the pools across the chains (BSC, ETH, POLY). With this in mind, it is likely that there will be semi-frequent LP changes/moves. Please note that this is planned and expected for the foreseeable future as we move to further rectify the situation.
All the actions we're currently undertaking, as with everything else we do, are intended to prioritize customer safety and security.
We tentatively plan to start our reseeding activities and to bring systems online next week.
On behalf of the entire SafeMoon team, we thank the entire SafeMoon Army for all your continued support and understanding.
@CryptoC_James@SafemoonGhana This...
In the past there was always the talk of how volume would be the gamechanger.
Now it's almost a forgotten fact that volume is more important than price, atheist for passive income.
It's been a long week, let's kick off the weekend with a $100 USDC giveaway.
1. Follow @giddydefi
2. Retweet
3. Tag a Friend
Giveaway closes 1/17 (Winner will be contacted via DMs.)
Back to a holders only giveaway for Day 10 of the Ad Astra Festival!
Hint for tomorrow's prize: 👀@DrSianProctor's amazing work with @Space2inspire 🚀
Register NOW on Premint for a chance to win an awesome space-themed prize of the day:
https://t.co/KqWXmvwN1p
Join the community, Starborn Council, & Space+5 astronaut class in the metaverse tmrw @ 11:30am ET to hear from @YourFemaleEng about the #DART mission.
Registered attendees enter a raffle for the BIGGEST prize yet:👉https://t.co/i1yysh35xU
Have you joined the #SAFEMOON Newsletter yet? 📨
Your path to updates, The Captain's Log, exclusive behind-the-scenes content & more from #SAFEMOON! 🥳
Subscribe to Excitement now: https://t.co/gLiKSCegoJ
🚨 Only 3 days left of community giveaways in our Starborn Council’s Ad Astra Festival! 🚨
Registration for tomorrow’s prize is NOW open for everyone on @PREMINT_NFT 🎁
👉https://t.co/PDrh5TEBQP
🚨 Only 3 days left of community giveaways in our Starborn Council’s Ad Astra Festival! 🚨
Registration for tomorrow’s prize is NOW open for everyone on @PREMINT_NFT 🎁
👉https://t.co/PDrh5TEBQP
Ad Astra ends this Sat, Jan. 14 @ 11:30am with a giveaway in the metaverse for the BIGGEST prize of the Festival!
We are honored to have @YourFemaleEng join us as a keynote speaker to talk about the @NASA#DART mission 🚀
RSVP now (50 spots available):
https://t.co/i1yysh3Dns