Sentences with phrase «created fictional executives»

The complaint also alleges that both men created fictional executives with «impressive biographies» to use in misleading marketing campaigns on Centra's website, while also paying celebrities to endorse the digital currency on social media networks like Twitter.

The pair reportedly «created fictional executives with impressive biographies, posted false or misleading marketing materials to Centra's website, and paid celebrities to tout the ICO on social media».

The SEC also alleges that to promote the ICO, Sharma and Farkas created fictional executives with impressive biographies, posted false or misleading marketing materials to Centra's website, and paid celebrities to tout the ICO on social media.

Not exact matches

The agency further stated that Sharma and Farkas created false marketing material, including fictional executives.

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.

The SEC also alleges that Sharma and Farkas created «fictional executives with impressive biographies» to promote the ICO to investors.

The SEC further alleges that on the ICO's promotional materials the founders had created «fictional executives with impressive biographies» and posted «false or misleading marketing materials».