On February 8, Cointelegraph reported that Braden John Karony, former CEO of cryptocurrency company SafeMoon, has asked a judge to postpone his criminal trial, seemingly hoping that the Trump administration's attitude towards digital assets will lead to at least one charge being dropped. In a February 5 filing with the U.S. District Court for the Eastern District of New York (EDNY), Karony asked a federal judge to postpone jury selection for his trial from March to April 2025, citing "significant changes" proposed by the Securities and Exchange Commission (SEC) during President Trump's term. SafeMoon's CEO's legal team cited an executive order signed by Trump on January 23 that explored potential changes in U.S. digital asset regulation, and a statement by SEC Commissioner Hester Peirce that suggested the committee would consider providing "retroactive relief" in certain cryptocurrency cases. It is unclear when Judge Eric Komitee will decide on Karony's request. In November 2023, U.S. authorities filed an indictment against Karony, Kyle Nagy and Thomas Smith of SafeMoon, charging them with conspiracy to securities fraud, conspiracy to wire fraud, and conspiracy to money laundering. Karony was released pending trial in February 2024 after paying $3 million bail. Karony pleaded not guilty to all charges.