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Safemoon holders finally realise that they've been duped, as John Baloney says the quiet part out loud. That he is essentially stealing liquidity from the project into his 100% owned Safemoon LLC.

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Safemoon holders finally realise that they've been duped, as John Baloney says the quiet part out loud. That he is essentially stealing liquidity from the project into his 100% owned Safemoon LLC.

As an update from the last post, we saw a Safemoon company in Lithuania being liquidated. The maps showed the company building to be a shack of shorts.

https:/np.reddit.com/r/CryptoCurrency/comments/133mith/internal_documents_currently_show_safemoon/

As as update, we see John Baloney once again raising chaos. It’s unclear if Baloney just doesn’t care or has slipped up but here is what he had to say to a

https://preview.redd.it/0e714hd61sza1.png?619&format=png&auto=webp&s=8054e8bef26a37004fca82a900dd7dfb7993c642

Let me explain.

The investor was under the false assumption that owning the Safemoon token meant they had some stake in the Safemoon company. And before you ask, no, as usual, nobody really knows what Safemoon company does. What we do know is this.

Baloney and team takes a bunch of the funds generated through Safemoon activities and puts it into the Safemoon company. The company is supposed to generate value such as through products and services to investors, but well…we’re still waiting for that part.

Investors commented on the news:

(I always leave out usernames. They’ve suffered enough)

https://preview.redd.it/ft0dl6aa1sza1.png?527&format=png&auto=webp&s=b5bcd91373b65dd13c148ba92d286cd7f504e896

https://preview.redd.it/qvmtopad1sza1.png?549&format=png&auto=webp&s=1a27c4e5d0eb645970d990b0cb8faf6269df9306

And we still don’t know what the Safemoon company of Lithuania apparently being liquidated means on top of this. But at least investors are seeing the light, though it’s far too late.

submitted by /u/OneThatNoseOne
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