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Feds Charge Founders Of Mayweather-Endorsed Crypto Firm With Fraud

April 03, 2018
fraud investigation
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Feds Charge Founders Of Mayweather-Endorsed Crypto Firm With Fraud

April 03, 2018
The U.S. Securities and Exchange Commission (SEC) has charged two founders of a cryptocurrency company for an allegedly fraudulent initial coin offering (ICO) that raised more than $32 million. Their firm, Centra Tech Inc., had been promoted by boxer Floyd Mayweather in a tweet, CNBC reported. “We allege that Centra sold investors on the promise […]