Home / Bitcoin Crime / Founders of $32 Million Mayweather-Backed ICO Indicted for Securities Fraud

Founders of $32 Million Mayweather-Backed ICO Indicted for Securities Fraud

The founders of a high-grossing initial coin offering (ICO) have been indicted for defrauding investors in the course of operating their cryptocurrency company, Centra Tech. On Monday, the US Attorney’s Office for the Southern District of New York announced that it had filed charges against Sohrab Sharma, Raymond Trapani, and Robert Farkas, who co-founded and

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