Sentences with phrase «centra mayweather»

Besides Centra Mayweather has also touted Stox and Hubii Network, projects which only had websites and ICO plans.

Not exact matches

Centra, a startup that raised over $ 30 million this year through a so - called «Initial Coin Offering» promoted by celebrities including boxer Floyd Mayweather Jr., is the target of a class action lawsuit that seeks the return of investor funds.

Centra claimed to the Times that Mayweather's endorsement of their project was part of an ongoing business relationship, but a spokesman for Mayweather said his endorsement was a one - off deal, paid for in cash.

The U.S. Securities and Exchange Commission has halted the Floyd Mayweather - supported Centra Tech initial coin offering.

Mr. Trapani said Mr. Mayweather was so intrigued by Centra's technology that he wanted to be paid in Centra tokens, and wanted to be a partner for future business ventures.

Mr. Mayweather, who has promoted three different tokens — Centra, Stox and Hubiits — has even taken to calling himself Crypto Mayweather in social media posts, a play on his better - known nickname, Money Mayweather.

The US Securities Exchange Commission's new Cyber Unit task force has charged boxing champion Floyd Mayweather endorser, Centra Tech, claiming their ICO offered fraudulent products and had...

Championship boxer Floyd Mayweather endorsed Centra Tech through Instagram posts in September 2017, noted CoinDesk.

The Centra ICO was notably promoted by Mayweather as well as music producer DJ Khaled prior to its completion.

Cryptocurrency startup Centra Tech made waves last September after securing paid endorsements from big - time celebs like boxing legend Floyd Mayweather and music producer DJ Khaled, but its bullish media run might be over.

These celebrities appear to include boxing champion Floyd Mayweather, who endorsed Centra in September 2017, though his Instagram post has since been removed.

In addition to the misleading paid endorsements for its ICO from Mayweather and DJ Khaled, Centra Tech straight - up lied about partnerships with several high - profile companies including Visa, Mastercard, and Bancorp..

Founders of the ICO Centra Tech (was promoted by a boxing legend Floyd Mayweather) were detained by US SEC decree and accused of fraud.

The SEC also claims that Centra's ICO used paid endorsements from the likes of Mayweather and DJ Khaled, a music producer famous for his 2010 hit All I Do Is Win, to attract unwitting investors, and created false marketing material which included the names of fictional executives.

At the same time, the SEC has taken legal action against the founders of Centra Tech — a scam ICO backed by celebrity endorsements from DJ Khaled and Floyd Mayweather.

celebrity / Centra / Centra Tech Inc. / Cryptocurrency / CTR Token / Facebook / Florida / Floyd Mayweather / Fraud / Hubiits / ICO / Instagram / miami / Miami Exotics / N - Featured / Nathaniel Popper / new york / Regulation / Robert Farkas / SEC / Sohrah «Sam» Sharma / Stephanie Avakian / Stox / U.S. Attorney's Office for the Southern District of New York / VISA

Centra was the Floyd Mayweather ICO the SEC had subpoenaed on February 9.

Read more in: Blockchain & Digital Currency, Politics, Legal & Regulation Tagged centra, enforcement, floyd mayweather, fraud, ico, robert farkas, sec, sohrab sharma

Some of Mayweather's social media posts advertising Centra are still live, while DJ Khaled has deleted his tweets and Instagram photos in which he promoted the cryptocurrency.

News.Bitcoin.com Centra, an initial coin offering (ICO) noted for having been promoted by Floyd Mayweather, is now facing a class action lawsuit.

DJ Khaled joins Floyd Mayweather as brand ambassadors of Centra Tech making Centra the cryptocurrency platform with the biggest presence and reach.

Sharma and Farkas are accused of raising $ 32 million by selling «unregistered securities» during the Centra ICO, which was promoted by boxing champ Floyd Mayweather and record producer DJ Khaled.

In addition to Mayweather, the Centra hired DJ Khaled to promote the ICO, though neither celebrity was named in the indictment.

The US Securities and Exchange Commission (SEC) filed charges against the Centra Tech initial coin offering (ICO) on Monday, alleging that the token sale — which was promoted by legendary boxer Floyd Mayweather — was a fraudulent securities offering.

Centra's ICO is already the third ICO being promoted by Mayweather.

Centra, an initial coin offering (ICO) noted for having been promoted by Floyd Mayweather, is now facing a class action lawsuit.

Of the available crypto - enabled debit card services, Mayweather's recent tweet reveals his partnership with Centra Card, a service that supports a wide range of cryptocurrencies such as Bitcoin, Ethereum, Litecoin, ERC20 Tokens, Ripple, Zcash, and Dash.

Boxing champion Floyd Mayweather Jr. is promoting the scheduled initial coin offering (ICO) by digital currency startup Centra on September 19, 2017.