How to Buy SafeMoon: Is It Still Possible?

How to Buy SafeMoon: Is It Still Possible?

Cryptocurrencies are known for their explosive growth and extreme volatility, and SafeMoon was no exception. Launched in March 2021, SafeMoon quickly became one of the most talked-about tokens in the crypto world. Many new investors ask how to buy SafeMoon, but as of 2025, the token’s story has taken dramatic turns. So, is it still possible, or even advisable, to buy SafeMoon today?

In this guide, we break down what SafeMoon is, how it evolved, the controversies surrounding it, and whether it remains tradeable for investors.

What Is SafeMoon?

SafeMoon is a decentralized cryptocurrency designed to reward long-term holders while discouraging short-term selling. Its unique model charges a 10% transaction fee on every trade: 5% is redistributed to existing holders, and the other 5% is added to a liquidity pool. This mechanism is intended to incentivize holding and create gradual price stability.

The token gained rapid popularity due to its strong community, social media presence, and endorsements from celebrities like Jake Paul, Brett Ratner, and DJ Afrojack. Its marketing strategy made it a household name among cryptocurrency enthusiasts, particularly younger investors seeking high-risk, high-reward opportunities.

SafeMoon V2 and Decentralized Trading

In December 2021, SafeMoon released an updated version, SafeMoon V2, consolidating the original tokens at a 1:1000 ratio and lowering the transaction fee to 2%. Holders of the original tokens could manually migrate to V2, while exchanges handled migration for users keeping tokens in their accounts.

If you are looking to learn how to buy SafeMoon, it is important to note that SafeMoon is not listed on centralized exchanges that accept fiat currency. Instead, you must use a decentralized exchange to swap Binance Coin (BNB) or Ethereum (ETH) for SafeMoon tokens. This approach gives you full control of your private keys but requires caution with wallet security, recovery phrases, and transaction fees.

Controversies and Legal Issues

Despite its early hype, SafeMoon’s history is marred by multiple controversies that ultimately undermined investor confidence. In April 2022, investigative YouTuber Stephen “Coffeezilla” Findeisen accused SafeMoon’s CEO, John Karony, of misappropriating funds from the project’s liquidity pool. Evidence suggested that funds were moved from SafeMoon’s liquidity wallet to a separate company controlled by Karony. Former SafeMoon CTO Thomas Smith stated that these transactions occurred before Karony’s appointment, but the allegations raised serious concerns among investors.

The same year, SafeMoon faced several class-action lawsuits accusing the project of operating as a pump-and-dump scheme. Celebrity promoters, including Jake Paul, Nick Carter, Soulja Boy, Lil Yachty, and Ben Phillips, were implicated for allegedly providing misleading endorsements.

Another class-action lawsuit filed in May 2022 accused SafeMoon of securities fraud; although this case was voluntarily terminated in November 2022, it highlighted the growing legal scrutiny on the project.

Legal troubles escalated further when SafeMoon filed for Chapter 7 bankruptcy in December 2023. Executives faced charges of securities fraud, wire fraud, and money laundering, with allegations of misleading investors about liquidity and engaging in personal trading. By May 2025, former CEO Braden John Karony was convicted on all charges and could face up to 45 years in prison. Ongoing investigations by the FBI are encouraging victims to come forward, emphasizing the scale of the fallout.

These events, including bankruptcy, criminal charges, and publicized allegations has led to a collapse in trading activity and investor confidence. SafeMoon’s story now stands as a cautionary tale in the cryptocurrency world, highlighting the importance of transparency, accountability, and thorough due diligence before investing in speculative assets.

Current Trading Status

As of 2025, SafeMoon is extremely limited in terms of trading. Some decentralized platforms may still list the token, but liquidity is minimal, and daily trading volumes are negligible. Even if you know how to buy SafeMoon, executing a trade is often difficult and potentially unprofitable. The combination of bankruptcy, legal challenges, and a shrinking community has effectively rendered SafeMoon non-tradeable for most investors.

Pros and Cons of SafeMoon

Pros:

• Operates on decentralized blockchain technology, promoting security and censorship resistance.
• Transaction fees partly go to a liquidity pool, providing some stability.
• Long-term holders may benefit from reflection rewards.
• Offers theoretical DeFi opportunities.

Cons:

• Extremely volatile with historical dramatic price drops.
• Legal allegations and bankruptcy create significant risk.
• Limited real-world utility and adoption.
• Low liquidity makes selling difficult.
• Public sentiment is largely negative due to past controversies.

Should You Buy SafeMoon?

Given SafeMoon’s current status, buying it in 2025 is not recommended. Even for investors who understand how to buy SafeMoon, the combination of bankruptcy, legal risks, low liquidity, and lack of practical use cases makes it a highly speculative and risky asset.

Investors looking for opportunities in the cryptocurrency market should focus on well-established, transparent projects with strong fundamentals, real-world utility, and regulatory compliance. SafeMoon’s story serves as a cautionary tale about the volatility and risks inherent in speculative cryptocurrencies.

Conclusion

SafeMoon’s meteoric rise and dramatic fall highlight both the excitement and dangers of the crypto world. While it captured attention with its unique model and community-driven hype, its legal troubles, bankruptcy, and minimal trading activity have left it effectively defunct.

For those considering entering the crypto market, thorough research, understanding the risks, and prioritizing projects with strong fundamentals are essential. SafeMoon may have historical significance, but in 2025, it is no longer a practical or safe investment.