Jais

Dad, husband, consultant & crypto adopter.

[Patience ❤️👀 @OvidiuM15743730]

There are two types of people who will tell you that you can't go forward: those who are afraid to try and those who are afraid that you will succeed." #SAFEMOONARMY
#VGXFoundation
#SAFEMOON #SAFEMOONFAMILY

[Jais @jaistosh]

@_dawnmontgomery @Applebees Next time please provide the tip in cash, it voids a lot of issues.

[Jais @jaistosh]

@Jackson_Luzz @NikDelaTorre_ Best to assume valuation will be based on current price given that any available money for distribution/liquidation purposes is substantially below what it was at the height of safemoon frenzy.

[Jais @jaistosh]

URGENT: FUNDING FOR THE AFFORDABLE CONNECTIVITY PROGRAM IS RUNNING OUT https://t.co/y1pIDmPFLS

[Nik @SFMNik]

#SafemoonArmy, been reading all the amazing suggestions about the #SafemoonWallet. I love seeing the community gathering and providing great insights that can help improve the wallet. These are the main inputs from different members in the space. So according to the Safemoon Community, an efficient and successful defi wallet should include:

🔘 Great User Interface (Ease of use & seamless transactions) - A wallet should offer speed and quickness when processing payments, should be user-friendly, should allow users to conveniently link their #SafemoonCard, and overall users should be able to navigate through the app without any issues.

🔘 Safety and Security - A wallet should ensure the safety of user's financial information like balance, statements, and even documents uploaded. How data is stored and used should be considered. Features like password protection, fingerprint, One-time password, multi-signature authorization, QR code, text/phone/email verification for proper authentication are all essential.

🔘 Wallet Connect/Dapp and NFT Marketplace integration - Being able to interact with NFTs (buy/store/sell/transfer) and see their values in the wallet. If the team can automatically hide/get rid of NFT scams that would be awesome. Also, being able to browse through the web securely will add to the appeal and overall utility of the wallet.

🔘 Education Platform - A section on how to navigate the wallet, a section explaining the different features in the protocol (Reflections, Burn, Swap and Evolve, etc)

🔘SWAP partners/Bridge/On ramp & Off ramp options- The wallet should add more swap partners, more Bridges, as well as on ramp options to Defi wallet (Direct BUY button) and off ramp transfers to bank account. All transactions should have reasonable fees that will provide competitive advantage over everyone.

🔘 Charts and Data - An advance and comprehensive chart that helps users analyze market trends as well as easy to read data like volume, supply, LP, and Market Cap

🔘 A "Personal Finance Management" section that allows users to track their spending, create a budget plan, analyze DCA strategies, and can plan their finances directly like bill payments. A calendar would be great for setting important dates/events. Also, if they can bring back the anticipated and beloved Wallet Tracker to keep a record of our reflections (daily, weekly, yearly)

🔘 News Platform and announcements - A section where we can read about Crypto News, Politics, anything the MSM publishes should have something similar. Also, posts from the official Safemoon socials should be integrated somewhere on the wallet for people who don’t have any social media accounts. This will add to the utility which gives the users more reason to use the app

🔘 Customer Care - A reliable and responsive customer is important for addressing any issues or queries that users might have. Different points of contact should be available like online chat, phone chat, and email.

🔘 Regular Updates & Improvements - Keeping the app updated with the latest features, security enhancements, and bug fixes ensures that the user experience is top notch!

🔘 Other great features - Managing multiple wallets, Calculator, appearance like “Dark Mode” and more, managing contact lists, Real time conversion rates, change App Icon, set default currency and language, as well as regulatory standard informations like Terms of Service or Privacy Policy - all of this will add to the utility and validity of the product.

If the @Safemoon team can focus on this, then we will be on the right track 🙌 (not trying to overwhelm the team but just gathering everything in one post 😂🫶🏼)

Anything else I miss? Let me know!

#SAFEMOONFAMILY

[Jais @jaistosh]

@SFMTony @theeSafeMoonGuy @safemoon @VGXFoundation They should run VGX and SFM as two separate entities with SFM taking rhe top spot in any cross -over branding with VGX. Any focus on the "wallet" solely by VGX for enhanced experiences with their gaming platform at the expense of dumping the sfm tokens will kill optimism

[Jais @jaistosh]

@NiqDEFI @grok The ideal outcome would be if the V2 tokens are honored or migrated to V3 for legal reasons. Then enable trading again with limits on "sells" to avoid a run on newly seeded lp until buy volume & whatver products increase business performance.

[Jais @jaistosh]

@RedBeardWoods @theeSafeMoonGuy @johnkarony March 2025 - yes, 2025.

[TNGSystems @SystemsTng]

Is it any surprise John comes out and says he is innocent 3 days after the Bankruptcy Trustee posts instructions on how existing SFM Holders can claim from the ~$20m she has got from SFM LP & Assets?

Because all funds not owed to creditors go back to the company owner - John.

[Nik @SFMNik]

#Safemoon BK Update April 16th 2024

“Notice of successful bidder & cancellation of auction”

The trustee has entered into an asset purchase agreement with VGX Foundation.

- Assets to be acquired: IP (S.O.S), Safemoon TradeMark, Safemoon Wallet Tracker, Safemoon Wallet, Safemoon Swap (DEX) Blockchain, NFT Marketplace, Safemoon bridge, U-mint, Trade Secrets, as well as claims.

*The trustee will file another motion seeking approval of a private sale for the Token Assets to VGX foundation

Total Value = $300,000

—————————————————

The trustee has also entered into an asset purchase agreement with SM Asset Ventures LLC

- Assets to be acquired: All SFM V2 Tokens held in treasury, Safemoon V2 contract, Safemoon Social Media Accounts, Safemoon Domain, All SFM V1 tokens held in treasury and Safemoon V1 Smart Contract (Deferred Assets)

Total Value = $200,000

Sale hearing is April 18th 2024 and parties are allowed to object from now till proposed date.

#SafemoonArmy

[OKX @okx]

With 9 days left for the #Bitcoin halving, what are your price predictions?

[Welks_Crypto @WelksCrypto]

My letter to the BK Judge!!! #SAFEMOON #SAFEMOONARMY
#DOJ #SEC #BankruptcyLaw

United States Bankruptcy Court
350 South Main Steet, Room 301
Salt Lake City, UT 84101
Objection to Dissolving of SafeMoon Assets Prior to Trial

Dear Judge,

I am writing on behalf of over 10,000+ SafeMoon holders who are deeply concerned about the proposed dissolution of SafeMoon assets before Brandon John Karony, the project's founder, has had the opportunity to stand trial and be proven innocent or guilty.

As investors in SafeMoon, we understand the importance of due process and the presumption of innocence until proven otherwise. We believe that any decision regarding the dissolution of SafeMoon assets should be made with full consideration of the legal proceedings and outcomes involving Mr. Karony.

To dissolve the assets prematurely would not only undermine the principles of justice but also jeopardize the interests of thousands of investors who have entrusted their funds in the SafeMoon project. The outcome of Mr. Karony's trial could have significant implications for the future of SafeMoon, and it is essential that any decisions regarding its assets are made in accordance with the law and with the best interests of all stakeholders in mind.

We urge the bankruptcy court to carefully consider our objection and refrain from taking any action that would prejudice Mr. Karony's legal rights or the rights of SafeMoon holders. We believe that allowing the legal process to run its course is paramount to ensuring a fair and just outcome for all parties involved.
Thank you for your attention to this matter.

Sincerely,

ALL SafeMoon Holders

[Jais @jaistosh]

@SFMTony Sent mine via OVERNIGHT delivery to ensure timeliness.

[SafemoonbAbe🌳 @Safemoon808]

@safemoon_knight @safemoon Do this by March 25th !

[Jais @jaistosh]

@DecentraIized_ Thank you.

[Jais @jaistosh]

@SFMTony If John is a narcissist and an egomaniac like many say, then the assumption that he would let his baby burn to the ground despite a shitload of tremendous legal hurdles; is a huge stretch to believe. Time will tell if a Phoenix rises. 👍

[Nik @SFMNik]

#SAFEMOON Bankruptcy 🚨

Missing docs - Failure to provide sufficient docs can potentially lead to a dismissal of the case.

Something simple and considered ���standard” like providing proper documentation should be done properly right? And right the first time, correct?

[Gary from SAFEMOON @SafeMoonDiamond]

V1 —-> V2 ——> Bankruptcy——> Evolution—-> 🌕

#SAFEMOON

[Nik @SFMNik]

#SAFEMOONRMY 📖🤔

Another take on the Chapter 7 bankruptcy filing.

One main question that I had in mind is that how can a company file for bankruptcy when they haven’t even begun their proposed business? The #Safemoonexchange, #Safemoonblockchain, and the entire @Safemoon ecosystem has not come into fruition yet so how can they critic their ability to repay future expenses when their business operations and cash flow has not even started. Filing for bankruptcy simply means that you’ve exhausted all your options of repayment from your various sources of income to meet your financial obligations. It would be unwise for Safemoon as a company to call it quits before the show has even begun…so is there another story to this?

I believe this whole case is in regards to #Safemoon’s patents and intellectual property which is considered as Safemoon’s assets. Through the Chapter 7 filing, regardless of what type of bankruptcy (Chapter 7, 11, or 13) your intellectual rights to your assets will be transitioned over to something called “Bankruptcy Estate” which is just a record of a company’s assets (legal interest in property, IP, income from rental property) Through this process, the company’s assets will be transferred over to the Courts for decision making as suppose to redirecting ownership to the creditors or in this case, the party charging Safemoon. So now the question is which asset(s) is Safemoon protecting? Well patents like the #SafemoonOrbitalShield and the “Energy-Token Redistribution” is what they are ensuring rights to. What else could it be? Safemoon is a tech company whose main product is a digital currency - all other extensions like exchange, blockchain, wallet, etc..are assets that have an underlying value to it which are the rights, licenses, patents, etc (nothing physical) So the SEC winning this case will ensure the transfer of ownership over these.

Under the “Intellectual Property Bankruptcy Protection Act of 1987” (which you are protected upon filing for Chapter 7) Safemoon can potentially retain the rights of their IP/patents and avoid any counterparty acquisition (SEC/DOJ/US Gov’t) if the court does not find any substantial evidence of any fraudulent/malicious actions (because Fraud is what Safemoon is charged for and not Patent Infringement) and especially the fact that Safemoon owned these patents long before they were charged as well as filling for bankruptcy. This alone will have a huge impact on the decision making for the courts. Part of the purpose of filing a Chapter 7 is not only to erase existing debt but also to start fresh, to formulate a financial plan, and to move forward with the business but how can Safemoon do that if all their rights/license/patents have been transferred over? The only solution is to file a Chapter 7 and ensure maximum assets are protected.

Also, by going through Chapter 7, safeguarding Safemoon’s assets can now be done easily through the protection process called “Automatic Stay” which prevents all types of debt collection, asset seizure, wage garnishment, bank accounts being levied (frozen) repossession, and foreclosure immediately. Sanctions are in place right away and creditors have no choice because a legal court order has been provided.

I believe the whole point of #Safemoon filing for Chapter 7 bankruptcy is not to declare that they can no longer meet their financial obligations, but in fact to protect what they have worked hard for from competitors. Think about it, if Safemoon loses the case and @johnkarony pleads guilty, the result can potentially mean that the US gov’t will have ownership of #Safemoon’s contract, licenses, registration, patents, potential business partners, etc!

I don’t know the full story but all I can say that a company ready to disrupt multiple industries with more than a billion projected users wouldn’t just declare bankruptcy before the long awaited products are launched.

Just saying. NFA. Goodnight!