Centra Tech accused of embezzling 32 million investors. ICO startups touting Floyd Mayweather

Date:

2018-04-04 11:15:05

Views:

3051

Rating:

1Like 0Dislike

Share:

Centra Tech accused of embezzling 32 million investors. ICO startups touting Floyd Mayweather Source:

boxer Floyd Mayweather last year in his instagram photo map Centra Titanium Card which lets startup Centra Tech. The boxer said, as removes her cryptocurrency and advertised ICO company. Now Centra Tech accused of stealing money raised during initial placement of tokens.

How to spend ICO and not to fail

accusations of the startup Commission at the securities and exchange Commission (SEC). The Department believes that entrepreneurs have appropriated $ 32 million investors and sold unregistered securities.

the Reason for the trial was the promise of Centra Tech to use borrowed money for the ICO to develop joint products with Visa and Master Card. In fact, the company did not have any contact with payment systems, I believe the SEC.

in Addition to the deception of investors, founders Centra Tech Sohrab Sharma and Robert Farkas published the fake news about the collaboration with fictitious officials.

the company's Representatives refused to communicate with Cointelegraph. With Charm and Farkas can recover $ 32 million, and also permanently prohibit them to hold management positions in companies. A record of cooperation with Centra Tech from Twitter Mayweather has disappeared.

The rate of the CTR token, which the company released during the ICO, on the news about claim SEC by 69% to 0.12 of the dollar. Auction coin has already suspended exchange and Kucoin.

Recommended

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action the Corporation took...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

IBM has evaluated the future market of the blockchain 3.1 trillion dollars

IBM has evaluated the future market of the blockchain 3.1 trillion dollars

At the conference, IBM Think 2018, which was held in Las Vegas, Nevada, computer giant expressed the opinion that the future market of blockchain (not to be confused with the cryptocurrency market) will overcome the mark of $ 3 tr...

Media: the Japanese stock exchange Monex intends to buy Coincheck

Media: the Japanese stock exchange Monex intends to buy Coincheck

In late January, hackers Japanese exchange Coincheck and stole from her accounts of 500 million tokens NEM. The attackers tried to sell the cryptocurrency cost of 435 million dollars, but to do this they failed. Now it became know...

And why IBM is investing in Stellar (XLM)?

And why IBM is investing in Stellar (XLM)?

Cryptocurrency Stellar (XLM), or stellar, has rightfully earned itself a space in kryptomere hype, mainly because of news related to IBM. The fact that IBM will provide 9 key validators of a network of Stellar, scattered around th...

How much is the ICO is John McAfee

How much is the ICO is John McAfee

the Creator of the McAfee antivirus Security well-known to users of cryptocurrency. The developer has gained popularity including over a million dollars per bitcoin by the year 2020. To promote John McAfee even promised to eat his...

Chinese engineer arrested for stealing 100 bitcoins the employer

Chinese engineer arrested for stealing 100 bitcoins the employer

Two weeks ago employee cryptocurrency exchanges in Dubai stealing. Expert in the management of trading systems cheated software to track cryptocracy. In the end, his wallet has accumulated 200 thousand dollars. The engineer from C...

Bitmain launches Antminer E3 — ASIC for mining Ethereum

Bitmain launches Antminer E3 — ASIC for mining Ethereum

the Joke was over, Bitmain officially unveiled ASIC for mining Ethereum called Antminer E3. It will mine cryptocurrency on algorithm Ethash / Dagger Hashimoto. the New ASIC Bitmain. Now for Ethereum   for Only $ 800 you get ...

Google will remove the extension for mining of Chrome browser

Google will remove the extension for mining of Chrome browser

In March, Google the ban on advertising of ICO and cryptocurrency. New rules due to the security requirements of users and will take effect from July. The company made its first step to ban from the store of Chrome browser will d...

Preparing for the world Cup: hotels in Kaliningrad will allow you to pay rooms cryptocurrency

Preparing for the world Cup: hotels in Kaliningrad will allow you to pay rooms cryptocurrency

in the Summer for the first time Russia will host the world championship on football. The competition will be held in 11 cities across the country, and it is the first time using a system of video replays. The event will be notewo...

Co-founder Bitcoin Foundation: Bitcoin — a needle that will pierce the bubble of the stock markets

Co-founder Bitcoin Foundation: Bitcoin — a needle that will pierce the bubble of the stock markets

is Bitcoin a bubble that has no real value and will soon be worthless. About it in the report, Europe's largest investment companies Allianz Global Investors. Analysts do not agree, the co-founder of the organization of the Bitco...

The Deputy head of the RF Ministry of economic development: cryptocurrency will be part of the international settlement

The Deputy head of the RF Ministry of economic development: cryptocurrency will be part of the international settlement

the Adoption of the legislative framework of bitcoin in Russia is getting closer every day. It will , but the results are already visible. For example, Deputy economic development Minister admitted the participation of crypto-curr...

The Ledger wallet Nano is the most popular gift in Nevada for the holidays

The Ledger wallet Nano is the most popular gift in Nevada for the holidays

Ways to store cryptocurrency a lot. Someone does not care and leaves the coins on the exchange. Other for example the Winklevoss brothers password from the vault into several parts and keep them in cells of different banks. Popula...

The government wants to simplify the bill of bitcoin in Russia

The government wants to simplify the bill of bitcoin in Russia

In the second half of March in the state Duma introduced the draft law "On digital of financial assets". There are a lot of definitions, rules and requirements, but the document still seems to be underdeveloped and superficial. Go...

VeChain increased by 26% per hour due to the news about the listing on Bithumb

VeChain increased by 26% per hour due to the news about the listing on Bithumb

Two weeks ago, users of the Trustee hacked exchange Mt.Gox, Nobuaki Kobayashi in the manipulation of the exchange rate of Bitcoin. He sold several large lots of coins, and the deal was done just before the first cryptocurrency fel...

VeChain increased by 26% per hour due to the fake news about the listing on Bithumb

VeChain increased by 26% per hour due to the fake news about the listing on Bithumb

Two weeks ago, users of the Trustee hacked exchange Mt.Gox, Nobuaki Kobayashi in the manipulation of the exchange rate of Bitcoin. He sold several large lots of coins, and the deal was done just before the first cryptocurrency fel...

In San Francisco will host the first Litecoin summit

In San Francisco will host the first Litecoin summit

On the fall of the cryptocurrency market in February Litecoin is almost the only rising coin. The reason was the announcement of the launch of the payment service LitePay. With it, users can pay with the coin through a debit card....

Experts: Bitcoin could continue to drop this week

Experts: Bitcoin could continue to drop this week

In the last weeks Bitcoin gradually rolled down. March 26 for a coin offered 8470 dollars, while today the rate was fixed just below $ 7,000. According to experts, in the coming days the situation may deteriorate. the Forecast Bit...

The future of cryptocurrency: 7 abstracts from the G20 summit on digital money

The future of cryptocurrency: 7 abstracts from the G20 summit on digital money

the summit of "Big twenty" (G20) at the March summit for the first time the prospects of cryptocurrencies and the blockchain. Officials decided not to impose international regulation of crypto-currencies and sparked the growth of...

As they said: Thailand has approved the double taxation of cryptocurrencies

As they said: Thailand has approved the double taxation of cryptocurrencies

At the end of the week the Ministry of Finance amendments on the taxation of cryptocurrencies and mining. According to the documents, the sale of coins will be subject to personal income tax at the rate of 13 percent and the miner...

Japan created uniform center to fight cybercrime

Japan created uniform center to fight cybercrime

the biggest news of late January, it was the Japanese exchange Coincheck. It broke through and stole the money in the cryptocurrency NEM. The incident became an occasion to check all crypto exchanges of the country. Now in Japan, ...

Acne Buterin proposed to limit the release of Ethereum 120 million coins

Acne Buterin proposed to limit the release of Ethereum 120 million coins

last week we future of Ethereum. The article reviewed the remuneration of the gcd when switching to POS, and payment of stay of the contract in the network. Now the entrepreneur has shared new thoughts — about the need to limit e...