Boxing champion Floyd Mayweather Jr. is promoting the scheduled initial coin offering (ICO) by digital currency
startup Centra on September 19, 2017.
Two Miami - based founders behind the controversial cryptocurrency
startup Centra are facing federal criminal and civil charges related to the company's $ 32 million initial coin offering (ICO) in September.
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.
Shortly after the US Securities and Exchanges Commission (SEC) charged the owners of shifty cryptocurrency
startup Centra Tech with fraud, leading cryptocurrency exchange desk Binance has announced it will delist the company's CTR token from its platform.
The US Securities and Exchanges Commission (SEC) has charged cryptocurrency
startup Centra Tech with fraud after its ICO...
The 3rd co-founder of crypto monetary products and services
startup Centra Tech Raymond Trapani has been arrested the day prior to this, April 20, and charged with securities and twine fraud of greater than $ 25 mln related to the corporate's Initial Coin Offering (ICO), in step with the USA Department...
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.
Earlier this week, the SEC charged an initial coin offering (ICO),
Centra Tech, and its co-founders with fraud, after the
startup raised more than $ 32 million from thousands of investors in 2017.
While the ICO
startup claimed the funds would go toward developing financial products backed by Visa and Mastercard, the SEC said
Centra had no relationship with either payment card network.
Centra and its co-founders were also the targets of a class - action lawsuit filed in December 2017, which claimed that the
startup's CTR token was essentially an unregistered security.
The ICO in question this time is called
Centra, a crypto credit card
startup which is holding a coin offering later this month.
Centra Tech, the Florida - headquartered blockchain
startup, is a multi-blockchain debit card provider that allows users to spend digital currency anywhere where bank cards are accepted with zero percent exchange, spend, and withdrawal fees.
Centra's ICO centered around the claimed issuance of a credit card, though questions quickly arose about the claims that the
startup had a relationship with payment giant Visa.
Centra Tech, the Florida - headquartered blockchain
startup, is a multi-blockchain debit card provider that allows users to spend
Federal authorities on Monday arrested and charged Sam Sharma and Robert Farkas, the founders of
Centra, with fraud related to the
startup's initial coin offering.
DJ Khaled took to Instagram to show off his
Centra Titanium ® card, referring to the Florida - based
startup's flagship card as an ultimate winner: