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Topic: CENTRA CTR SCAM - Founders Arrested (Read 13639 times)

newbie
Activity: 7
Merit: 0
August 22, 2022, 02:28:10 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam

I still hold 50k CTR and failed to sell them.  I have high hope for this one before it was labeled a scam and the founders were found guilty and put behind bars.  Floyd Mayweather Jr. played a huge part in why I trusted this project because he appears on social media promoting and holding a CTR card.  
that's so sad dude you lose your assets , and personally i will also be my lesson to care about public figure endorse in crypto project. as i know almost all crypto project that endorse public fgure end at scam . this is be special note for us ofcourse , dont trapped in popular opinion from figure, maybe our own analissys better.

It was a hot project at that time.  And the eligibility of the project were never questioned until the SEC comes in and questioned the integrity of their offered visa card.  Then from that point, the whole fraud is exposed and the founders were arrested, Mayweather was fined for promoting the fake Visa of CTR.  I was busy with other altcoins at that time and failed to update myself about the CTR case. Well, I agree, that is a lesson to be learned.

I'm producing a podcast series about Centra Tech. I'm curious to hear more about what happened to you, if you're willing to chat with me. If you can, pls dm me (I'm a "newbie" and can't message you directly).
hero member
Activity: 2786
Merit: 552
August 22, 2022, 09:46:29 AM
You can often tell a scam if you examine the name.  Centra = centralization = how you lose your money in crypto.
jr. member
Activity: 272
Merit: 4
August 21, 2022, 05:04:31 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam

I still hold 50k CTR and failed to sell them.  I have high hope for this one before it was labeled a scam and the founders were found guilty and put behind bars.  Floyd Mayweather Jr. played a huge part in why I trusted this project because he appears on social media promoting and holding a CTR card.  
that's so sad dude you lose your assets , and personally i will also be my lesson to care about public figure endorse in crypto project. as i know almost all crypto project that endorse public fgure end at scam . this is be special note for us ofcourse , dont trapped in popular opinion from figure, maybe our own analissys better.

It was a hot project at that time.  And the eligibility of the project were never questioned until the SEC comes in and questioned the integrity of their offered visa card.  Then from that point, the whole fraud is exposed and the founders were arrested, Mayweather was fined for promoting the fake Visa of CTR.  I was busy with other altcoins at that time and failed to update myself about the CTR case. Well, I agree, that is a lesson to be learned.

Incredible! In my opinion, celebrities who aid scammers knowingly should face the maximum wrath of the law. A fine looks cheap. So many people lost a great deal of money back then. It even had a negative effect on trusting crypto investments.
legendary
Activity: 3052
Merit: 1281
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August 21, 2022, 04:54:16 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam

I still hold 50k CTR and failed to sell them.  I have high hope for this one before it was labeled a scam and the founders were found guilty and put behind bars.  Floyd Mayweather Jr. played a huge part in why I trusted this project because he appears on social media promoting and holding a CTR card.  
that's so sad dude you lose your assets , and personally i will also be my lesson to care about public figure endorse in crypto project. as i know almost all crypto project that endorse public fgure end at scam . this is be special note for us ofcourse , dont trapped in popular opinion from figure, maybe our own analissys better.

It was a hot project at that time.  And the eligibility of the project were never questioned until the SEC comes in and questioned the integrity of their offered visa card.  Then from that point, the whole fraud is exposed and the founders were arrested, Mayweather was fined for promoting the fake Visa of CTR.  I was busy with other altcoins at that time and failed to update myself about the CTR case. Well, I agree, that is a lesson to be learned.
full member
Activity: 1190
Merit: 212
★Bitvest.io★ Play Plinko or Invest!
August 19, 2022, 06:27:43 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam

I still hold 50k CTR and failed to sell them.  I have high hope for this one before it was labeled a scam and the founders were found guilty and put behind bars.  Floyd Mayweather Jr. played a huge part in why I trusted this project because he appears on social media promoting and holding a CTR card.  
that's so sad dude you lose your assets , and personally i will also be my lesson to care about public figure endorse in crypto project. as i know almost all crypto project that endorse public fgure end at scam . this is be special note for us ofcourse , dont trapped in popular opinion from figure, maybe our own analissys better.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
August 19, 2022, 05:29:15 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam

I still hold 50k CTR and failed to sell them.  I have high hope for this one before it was labeled a scam and the founders were found guilty and put behind bars.  Floyd Mayweather Jr. played a huge part in why I trusted this project because he appears on social media promoting and holding a CTR card.  
newbie
Activity: 7
Merit: 0
August 16, 2022, 01:35:28 PM
I'm part of a team producing a podcast series about Centra Tech, its founders and the victims. If you invested in their ICO or had any dealings with the company and would like to share you story, please DM me.
sr. member
Activity: 1344
Merit: 335
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August 16, 2022, 09:34:20 AM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam
it should be important experience for us, several crypto project that endorse public figure ended with scam. We must becarefull and take care if find this kind project anymore , artist or public figure didnt guarantee they will success. SEC usually intervention on this, and project will die soon.
full member
Activity: 1176
Merit: 140
August 14, 2022, 04:43:01 AM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam
3.5k? Ouch that's kinda huge but I see how you risk that high and that is because you see that famous personalities are involved in this project. Rest assured that you and others who trusted the project can learn something out of it and that is never put your full trust even if you are convinced that it looks legit because shit can always happen the least we expect it.

Look at luna and others who started to look legit but later on they have turned really bad but as the title said, the founders are found and arrested already. Are there no positive news that followed up? Like the money was also recovered and maybe it will be returned to their investors?
hero member
Activity: 2268
Merit: 507
August 14, 2022, 04:22:29 AM
Public fraud was a major problem for the Centra Project at the time, so the SEC took the Centra CEO to court. Centra said that they already had a partnership with Visa, but it turned out to be fake. so their token price fell in an instant.
Yeah i remember that thing as well. It was getting listed by binance but after SEC was took it down and then it was getting delisted again by binance instantly. Money that stolen from investors being used by scammer to bought RR car. I remember that if that may be confiscated by SEC.
I hope that scammer will never try to think to scam people again and let themselves to go to the jail
full member
Activity: 1316
Merit: 105
August 13, 2022, 11:59:07 AM
Public fraud was a major problem for the Centra Project at the time, so the SEC took the Centra CEO to court. Centra said that they already had a partnership with Visa, but it turned out to be fake. so their token price fell in an instant.
member
Activity: 569
Merit: 10
August 12, 2022, 11:52:47 PM
I was also hit by a scam centra, I bought centra and about a month there was bad news that made me unable to sell centra, this is normal, there is always an opportunity for any coins to be scams, alert and don't be too easy to believe in anything as long as you can't prove.
full member
Activity: 548
Merit: 168
Play Bitcoin PVP Prediction Game
August 12, 2022, 05:33:24 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam
at that moment centra was top project in market , alot investors tempted to invest here due several reason and brand ambasador be one of these reason. alot investors give huge expectation to this project which is hopefully could be top 10 coinmarketcap for long term, unfortunately everything changes when they have problem with SEC. in crypto we never know what will going happen in future, so taking profits and risk management important to save our assets.
hero member
Activity: 2996
Merit: 609
August 12, 2022, 12:58:23 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam
Back into those golden ICO days were some projects do really make use the popularity of some celebrity or sports icon which it do really helps on hyping up the project and lure more investors and it

was really very common on that time and later on it was busted and didnt really get that much result since people or investor becomes wiser and intelligent on what they had experienced

in the past.Its good to see even though its old but there are founders been arrested because of the scam that they had done.Hope for other scammy devs or owners out there.
newbie
Activity: 7
Merit: 0
August 12, 2022, 12:29:58 PM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam

I'm working on a podcast series about Centra Tech. If you'd like to share your story, please DM me (I can't message you because I'm a newbie).
sr. member
Activity: 1484
Merit: 254
August 12, 2022, 10:14:25 AM
I was also hit by a scam from Centra, at that time I invest around $ 3500, the thing that made me very optimistic about Centra was that they made Floyd Myweather Jr. As an ambasador brand, Centra is increasingly popular because Floyd Myweather competes with Conor MC. Gregor which makes me more optimistic, unfortunately it is proven that Centra is a scam
newbie
Activity: 7
Merit: 0
August 12, 2022, 08:52:03 AM
Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60



This is a sad thing because it made me lose around 0.8 btc or more than $ 12k, i think CTR is a good and promising project so i participated in ICO.

I'm researching Centra Tech for an upcoming podcast series. I'd like to talk with you about what happened (but can't DM you since I'm a "newbie").
newbie
Activity: 7
Merit: 0
August 12, 2022, 08:41:29 AM
it turns out there is still a discussion about Centra, a crypto that was originally very sweet then vanished instantly and was very painful. I lost more than 80k dollars

I'm researching Centra Tech for a podcast series -- would like to talk with you about your experience, but cannot DM you since I'm a "newbie".
sr. member
Activity: 910
Merit: 252
May 14, 2019, 01:46:59 PM
Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60




I haven't followed the CENTRA case for a long time
I think the CTR has ended since the first time it was declared a scam by sec.
and this news may not be new. but there is education here that we can take as experience and learning
that ico that involves artists does not rule out the possibility of becoming a scammer

The news was clearly not new, it's over 1 year old news and centra tokens is not anymore trading in major exchange.
We can only find centra tokens in ED or maybe other decentralize exchange but it still has a value since you can swap it with phantom coins or XPH.
I'm holding this coin but hasn't and completely swapped it.
I have tried for phantom even registered is there any progress is happening with phantom or again it is also become nothing somebody ecplain . In this project I lost good amount of investment still holding some.
sr. member
Activity: 1078
Merit: 262
May 06, 2019, 08:45:22 AM
Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60




I haven't followed the CENTRA case for a long time
I think the CTR has ended since the first time it was declared a scam by sec.
and this news may not be new. but there is education here that we can take as experience and learning
that ico that involves artists does not rule out the possibility of becoming a scammer

The news was clearly not new, it's over 1 year old news and centra tokens is not anymore trading in major exchange.
We can only find centra tokens in ED or maybe other decentralize exchange but it still has a value since you can swap it with phantom coins or XPH.
I'm holding this coin but hasn't and completely swapped it.

Although the news was a year ago it is still nice to know that the SEC are working to hold someone who is responsible for the loss of the people's capital, still hoping that they can make it most of the time because ICO scams are wide spread nowadays.
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