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US Court Sentences Another Centra Tech Co-Founder to 8 Years in Jail
8.3.2021
Sohrab Sharma, a co-founder with the now-defunct Florida cryptocurrency firm, Centra Tech, has been sentenced to eight years in prison after he pleaded guilty to charges of duping investors via a fraudulent initial coin offering (ICO). Additionally, the court has ordered Sharma to forfeit...
Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison
18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...
US Prosecutors Seek ‘Substantial’ Prison Sentence for Centra Tech Co-Founder in $25M Fraud Token Sale
4.11.2020
According to court documents, U.S. federal prosecutors are asking that one of Centra Tech’s co-founders, Robert Farkas, be sentenced to prison instead of his request for home confinement and community service
Prosecutors seek harsh sentence for fraudster behind celeb-spruiked ICO
4.11.2020
The U.S. government is seeking harsh sentencing for the founder of the company behind a fraudulent, celebrity-promoted initial coin offering from 2017
Third Centra Tech Founder Pleads Guilty to ICO Fraud
17.7.2020
Centra Tech one of the most storied scams of the the 2017 ICO bubble. Its founders have fallen like dominoes since
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
17.6.2020
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000
Centra Tech Co-Founder Pleads Guilty to Fraud After $25M Token Sale
16.6.2020
A co-founder of the celebrity-backed Centra Tech crypto scam has pleaded guilty to his role in the $25 million fraudulent ICO
Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud
11.6.2020
One of Centra Tech’s founders is entering into plea negotiations concerning the company’s fraudulent 2017 initial coin offering
Floyd Mayweather, DJ Khaled Escape Lawsuit Brought By ICO Investors
14.5.2019
Floyd Mayweather, DJ Khaled and two employees of the Centra Tech ICO project have been dismissed from an investor lawsuit by a federal judge