Binance exchange announced the delisting CTR token. Their Creator accused of embezzling 32 million dollars
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Yesterday the Commission on securities and exchange Commission (SEC) founders Centra Tech Sohrab Sharma and Robert Farkas the appropriation of 32 million dollars raised during the ICO. Now one of the largest exchanges, Binance, the token delisting of the company.
How to spend ICO and not to fail
In a statement on the exchange's website States that on 8 April, the platform removes the token and CTR shopping CTR pair/BTC, CTR/ETH.
token CTR will be maintained until five PM (UTC) on April 5.
the reason for the charges of the founders of the Centra Tech was a promise to use borrowed money for the ICO to issue joint products with Visa and MasterCard. In fact, the company did not have any contact with payment systems, I believe the SEC.
With Charm and Farkas can recover $ 32 million, and also permanently prohibit them to hold management positions in companies.
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