Latest Floyd Mayweather News

Business 9 March 2021

Centra Tech Sohrab Sharma sentenced to 8 years over celeb-hyped ICO scam

Sohrab Sharma, the co-founder of Centra Tech, reportedly relied on fake partnerships and endorsements from celebrities like boxing champion Floyd Mayweather to lure investors.

Business 15 July 2020

Centra Tech ICO scam co-founder pleads guilty

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.

Business 18 June 2020

Centra Tech founder faces 10 years in jail after guilty plea

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.

Business 15 June 2020

Centra Tech ICO founder pleads guilty to fraud

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.

Business 24 October 2019

Mayweather-backed Centra Tech crypto scam victims fight back in court

The crypto scheme, backed by celebrities including Floyd Mayweather and DJ Khaled, is accused of running an ICO scam with the intent of defrauding unsuspecting investors.

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.

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