US Prosecutors Indict Three Co-Founders Of Floyd Mayweather-Backed ICO For Fraud
Cointelegraph
Published May 15, 2018 05:30PM ET
Updated May 15, 2018 07:02PM ET
US Prosecutors Indict Three Co-Founders Of Floyd Mayweather-Backed ICO For Fraud
The three co-founders of cryptocurrency startup Centra Tech have been formally indicted for running fraudulent ICO, according to a statement May 14 from the U.S. Department of Justice.
According to the four-count indictment issued by the U.S. District Court in Manhattan, all three Centra Tech co-founders Sohrab Sharma, Robert Farkas, and Raymond Trapani are being charged with securities fraud, wire fraud and two conspiracy counts.
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Written By: Cointelegraph
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