Founders of ICO Endorsed By Floyd Mayweather Indicted for Fraud
The U.S. Attorney for the Southern District of New York has announced that the co-founders of a Floyd Mayweather-backed ICO have been indicted.
Centra Tech one of the most storied scams of the the 2017 ICO bubble. Its founders have fallen like dominoes since.
A co-founder of the celebrity-backed Centra Tech crypto scam has pleaded guilty to his role in the $25 million fraudulent ICO.
According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service.
Floyd Mayweather, DJ Khaled and two employees of the Centra Tech ICO project have been dismissed from an investor lawsuit by a federal judge.
A Florida district court has published an analysis explaining how Centra Tech's CTR token is a security.