Business 15 May 2019

Floyd Mayweather, DJ Khaled escape Centra Tech ICO lawsuit

Floyd Mayweather, DJ Khaled, and two Centra Tech employees escaped repercussions with respect to a lawsuit filed against the startup’s fraudulent ICO.

Business 22 October 2018

Floyd Mayweather, DJ Khaled facing lawsuit over ICO

After the Securities and Exchange Commission (SEC) shuts down the Mayweather-backed ICO over fraud charges, the boxing champ might have to respond personally for his involvement.

Business 16 May 2018

Founders of crypto startup Centra Tech indicted for fraud

Three people allegedly behind the cryptocurrency startup Centra Tech have each been charged with securities fraud, two counts of conspiracy and wire fraud.

Business 23 April 2018

Third man in Mayweather-backed $32M ICO faces fraud charges

One of Centra’s co-founders, Raymond Trapani, was charged with violating the anti-fraud and registration provisions of the federal securities laws in connection with the 2017 ICO.

Business 3 April 2018

SEC shuts down Mayweather-backed ICO over fraud charges

Centra Tech founders Sohrab Sharma and Robert Farkas were charged with selling unregistered securities to thousands of investors, raising more than $32 million in the process.