A total of 37 defendants were named in the suit, including famous celebrities like Serena Williams, Snoop Dogg, Steph Curry, DJ Khaled, Kevin Hart, Justin Beiber, Paris Hilton, and Madonna.
The third cofounder of $32 million digital currency scam Centra Tech has changed his plea and is set to plead guilty to avoid his scheduled November hearing.
Robert Farkas, the co-founder of Centra Tech has pleaded guilty to two counts of fraud, each carrying a five year sentence for his role in the $32 million scam.
The co-founder of Centra Tech, a digital currency scam that raised $32 million in its ICO after celebrity endorsements, has agreed to plead guilty to fraud.
Securities regulators in the United States have fined two celebrities who were found to have failed to disclose that they were paid to promote initial coin offerings.
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.
