SafeMoon (SFMUSD)

[creede]

That article says it all.

Safemoon is just an old fashioned pump-and-dump. Except instead of a stock, it's a crypto.

I think the part that really pisses people off the most is the name itself:

Per the suit, SafeMoon’s name comes from the phrase “safely to the moon,” suggesting the value of the token is meant not only to rise but to do so safely. The asset was launched on March 8 on the decentralized cryptocurrency exchange Pancake Swap, with a transaction volume of $149,427, the complaint says.

That could not be further from the truth.