Xavierb4Safemoon
682 posts







@xavierb84 Read it again. It expressly says “former employees” When Ellen petitioned to be authorised to act as SafeMoon’s trustee, she expressly detailed the reasons why she would need these hires




@KeenanTerry @sfmshahin Ms. Ostrow (trustee) hired her law firm (F&L LLC) to assist in the liquidation of SFM's assets. This is a liquidation bankruptcy case (chap. 7), not a restructuring one (chap. 11). The trustee will be pushing to liquidate as much as she can (LPs included) to make creditors whole

@xavierb84 No. Ellen is hiring a couple former employees to assist in the liquidation of the assets since they know their way around the business already. She isn’t working towards resuming SafeMoon operations; she is working and can only work towards liquidating assets to pay off creditors












Dear #SAFEMOONFAMILY, As part of our continuing efforts to safeguard assets and improve operations, we are taking some actions that will be observable on the blockchain. As part of our commitment to sharing information updates as and when we can, we wanted to let you know that a blacklist setting is being applied a specific group of wallet addresses. The deployer wallet and associated contracts will be rotated out to a refreshed set of company owned wallets, and social media accounts may see updates to some of the profiles (detail, users, roles, etc). Maintenance improvements and feature deployments/enhancements to wallet apps also are expected to continue. During some of these activities there may be a limited, temporary pause on access to the SWaP, Bridges and V1-V2 migration tool while changes are applied. Outside of this, all other operations such as the SWaP, bridges, apps and tools should continue as usual. No changes are being made to the LP (Liquidity Pools). We really appreciate the understanding and compassion that we have seen from so many as we navigate recent events, and look to moving our business forward.



