Founders of Floyd Mayweather-Backed ICO See Trial Pushed to September

Cointelegraph

Published Mar 27, 2020 11:29AM ET

Updated Mar 28, 2020 01:20PM ET

The upcoming trial of two men accused of running the fraudulent Centra Tech initial coin offering (ICO), which raised $60 million after soliciting celebrity endorsements in 2018, has been postponed until September 2020.

On March 26, a U.S. district court published documents indicating that the trial of alleged Centra Tech operators, Sohrab Sharma and Robert Farkas, will be pushed from April 27 to Sep. 3 amid COVID-19 concerns.

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