Connect with us

News

Investors blamed Floyd Mayweather and DJ Khaled for promoting fraudulent ICO

Published

on

ICO members from Centra Tech filed a lawsuit against American boxer Floyd Mayweather and producer DJ Khaled. Investors accuse them of promoting a fraudulent project in social networks, writes TMZ .

Last year, during the ICO Centra Tech collected $ 32 million. The campaign organizers promised to present a number of financial developments, including cryptocurrency debit cards in collaboration with Visa and MasterCard.

In April, the US Securities and Exchange Commission (SEC) stated that the company was offering unregistered investments in the form of a Centra Token (CTR). The regulator added that on the Centra Tech website are listed participants of the company, which actually does not exist.

It is also noted that Centra Tech provided false information to investors regarding partnerships with Visa and MasterCard. Militiamen detained three organizers of the company.

The lawsuit states that Floyd Mayweather and DJ Khaled must pay damages to deceived investors for advertising the fraudulent project.

Note that in January, the CTR price was about $ 4. Six months later, the token was trading at levels less than $ 0.01.

Earlier, BlockchainJournal reported that American film actor Steven Seagal became the representative of the dubious Bitcoin project Bitcoiin2Gen. In March, the New Jersey State Securities Bureau ordered Bitcoiin2Gen to stop operating. Later, the project organizers announced that Stephen Seagal left the organization after the completion of the ICO.

Subscribe to BlockchainJournal news on VK !

<< aside id = "unisender_subscribe_form-10" class = "widget unisender_form">

BlockchainJournal.news

  • bitcoinBitcoin (BTC) $ 20,363.00
  • ethereumEthereum (ETH) $ 1,171.20
  • cardanoCardano (ADA) $ 0.465419
  • polkadotPolkadot (DOT) $ 6.93
  • litecoinLitecoin (LTC) $ 49.91
  • chainlinkChainlink (LINK) $ 6.38
  • stellarStellar (XLM) $ 0.109873
  • bitcoin-cashBitcoin Cash (BCH) $ 105.25