CENTRA CTR SCAM - Founders Arrested - page 9.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: despondency on April 15, 2018, 02:20:33 PM

Quote from: ?? on ??

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

Should not investors expect to compensate for losses? As far as I remember, this project collected a huge amount of ETH, why not bring them back? This will be fair

Done expect for compensations or return of funds or investment. This is always been the risk of cryptocurrency investment.On anytime,anything can happen.

Quote from: ?? on ??

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

Should be somehow expected yet it do have involvement when it comes to their marketing where Floyd Mayweather is into this thing. They hype built up and do accumulate lots of investors.

despondency

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quarkchain.io

Quote from: ?? on ??

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

Should not investors expect to compensate for losses? As far as I remember, this project collected a huge amount of ETH, why not bring them back? This will be fair

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

Quote from: South Park on April 13, 2018, 03:35:13 PM

Quote from: maimainguyen05 on April 12, 2018, 03:42:56 PM

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project

). What a happy ending for a scam project

)

Even if that was the case and the whales were able to get people to invest in a coin that was going to disappear, people need to be a lot more responsible with their money if a coin has been exposed as a scam then do your best to avoid such coins as a matter of principle and you will never lose your money in that way, do your best to only invest in projects that seems legitimate.

Was surprised to see the pump too and the market falling for it.
The pursuit for more gains shouldn't override common sense. The asset has been declared fraudulent, the founders will be prosecuted - at the very least, we should wait for the outcome of the case first.

South Park

hero member

Activity: 2884

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I am terrible at Fantasy Football!!!

Quote from: maimainguyen05 on April 12, 2018, 03:42:56 PM

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project

). What a happy ending for a scam project

)

Even if that was the case and the whales were able to get people to invest in a coin that was going to disappear, people need to be a lot more responsible with their money if a coin has been exposed as a scam then do your best to avoid such coins as a matter of principle and you will never lose your money in that way, do your best to only invest in projects that seems legitimate.

rommelzkie

full member

Activity: 294

Merit: 125

Too bad for centra (CTR). It is also delisted from binance. With the government regulation on crypto many ICO and existing projects will vanish. specially those ICO or Crypto that has a Small or NO foundation at all. This is one of the sample effect.

I hope that CENTRA Black card users are doing well.

PsylockReborn

member

Activity: 420

Merit: 24

Quote from: Bowtiesarecool on April 03, 2018, 06:37:19 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 really feel bad about the investors. I myself purchased some of these coins luckily was able to change my mind and converted it all into btc. This coin started out great and my condolences to all the investors that really risked their money, time and effort in supporting this project. Hope that the investors can atleast get some of their losses.

Quote from: marketone on April 12, 2018, 09:50:04 PM

Quote from: Krakenproto on April 11, 2018, 03:11:28 PM

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes, they are doing good but after ICO governments are reacting and the price went very low in the market. So they need to crack down the fake ICO, the government should take measures in order to protect the people from these fake ICO's.

This is a very good move so that people who are planning to do a fake ICO in the future will be alarmed. The government should be vigilant hunting down these people who take advantage of the current trend with regards to ICOs.

Quote from: ashmodeus on April 12, 2018, 08:25:14 PM

Quote from: maimainguyen05 on April 12, 2018, 03:42:56 PM

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project

). What a happy ending for a scam project

)

btw , what happen with Mayweather
as i know , he supported this project , right ?
or that just fake news ?
i missed about CTR , i just confused because on binance will removing CTR
never like this before on binance.

I guess he was just used to promote it. I doubt that he even invested with this project. Mayweather is a very intelligent man specially when money is involve. I guess he doesn't know anything about this project being a scam.

We should all be careful nowadays with all these scamming ICOs eradicating all over the cryptoworld. Those guys behind this scheme are CON experts.

marketone

legendary

Activity: 1302

Merit: 1000

Quote from: Krakenproto on April 11, 2018, 03:11:28 PM

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes, they are doing good but after ICO governments are reacting and the price went very low in the market. So they need to crack down the fake ICO, the government should take measures in order to protect the people from these fake ICO's.

ashmodeus

hero member

Activity: 1638

Merit: 518

Quote from: maimainguyen05 on April 12, 2018, 03:42:56 PM

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project

). What a happy ending for a scam project

)

btw , what happen with Mayweather
as i know , he supported this project , right ?
or that just fake news ?
i missed about CTR , i just confused because on binance will removing CTR
never like this before on binance.

Lappenhaendler

newbie

Activity: 81

Merit: 0

Ye, I m glad it came out, I participated in the ICO, sold quickly after when I found out about red flags and tried to warn people after that in their thread.

Funny thing: I was called an "extremely stupid person" for "spreading FUD".

GG to those guys, Scams in crypto are at every corner.

Guys watch out for your money, and don`t use this retarded FUD-hammer-argument.

maimainguyen05

full member

Activity: 252

Merit: 105

Stake & Vote or Become a IoTeX Delegate!

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project

). What a happy ending for a scam project

)

minizi99

full member

Activity: 242

Merit: 100

Oh... I remember this CENTRA bounty campaign. They have scammed mostly every bounty participants. So no wonder they are arrested.

Da2ja3

member

Activity: 181

Merit: 10

So sad... Dont understand why greed will overshadow a man's true nature.

South Park

hero member

Activity: 2884

Merit: 794

I am terrible at Fantasy Football!!!

Quote from: ColdZerk on April 12, 2018, 03:51:33 AM

Really pity to hear such news, CENTRA was one of the base projects which offered interesting CrpytoCard. As you can see, listing on Binance is not a guarantee of project`s honesty.

When it comes to cryptocurrencies there is not really a guarantee of anything, it does not matter where the coin is listed or where is trading or who is promoting the coin you need to do your due diligence and if you do not do it you are going to regret it in the future, many people invested in some very bad projects just because they read an article or because they saw an ad on facebook and they lost their money as a result.

starsoul

newbie

Activity: 32

Merit: 0

Quote from: ColdZerk on April 12, 2018, 03:51:33 AM

Really pity to hear such news, CENTRA was one of the base projects which offered interesting CrpytoCard. As you can see, listing on Binance is not a guarantee of project`s honesty.

Agreed, whilst I like Binance, they are not the be all end all in terms of a project's legitmacy by having their coin/token being listed there. Not sure how much home work / due diligence Binance can do but unfortunately some will slip through the gap regardless.

ColdZerk

full member

Activity: 364

Merit: 100

Really pity to hear such news, CENTRA was one of the base projects which offered interesting CrpytoCard. As you can see, listing on Binance is not a guarantee of project`s honesty.

Larochka

member

Activity: 196

Merit: 10

The Future of Security Tokens

It is a great pity for those people who suffered in this project! But they had a chance to sell a coin dearly, since after a strong fall, there was a strong leap up! At this level, you could sell well. I have friends who managed to sell =)

Bowtiesarecool

sr. member

Activity: 1050

Merit: 295

Quote from: the rise on April 11, 2018, 10:10:11 PM

Quote from: carriebee on April 11, 2018, 08:13:23 PM

Quote from: Krakenproto on April 11, 2018, 03:11:28 PM

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes this means investors should be keen on observation before they will involved in a certain project these days. A lot of scammers these days and these must put into a watch a regulations rather that these ico's to create should proves their project is worth.

CTR is only hampered by regulatory issues, and the developer's fault is to seize the legitimacy of a particular institution without legitimate evidence to get them eventually imprisoned, at least nothing wrong with this coin, but the mistake has been made by the project's management and the founder so as to have legal consequences which is fatal. We must be more careful in determining where we will invest with confidence.

Nothing wrong with this coin?
They mislead investors, sold them a promise they couldn't deliver on, embellished facts - and nothing wrong with it?
Next time you go down to your grocery store and they give you onions instead of the apples you asked for - because it's not their fault that farmers are growing more onions instead of apples.

the rise

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Activity: 2338

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DGbet.fun - Crypto Sportsbook

Quote from: carriebee on April 11, 2018, 08:13:23 PM

Quote from: Krakenproto on April 11, 2018, 03:11:28 PM

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes this means investors should be keen on observation before they will involved in a certain project these days. A lot of scammers these days and these must put into a watch a regulations rather that these ico's to create should proves their project is worth.

CTR is only hampered by regulatory issues, and the developer's fault is to seize the legitimacy of a particular institution without legitimate evidence to get them eventually imprisoned, at least nothing wrong with this coin, but the mistake has been made by the project's management and the founder so as to have legal consequences which is fatal. We must be more careful in determining where we will invest with confidence.

carriebee

sr. member

Activity: 1148

Merit: 251

Quote from: Krakenproto on April 11, 2018, 03:11:28 PM

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes this means investors should be keen on observation before they will involved in a certain project these days. A lot of scammers these days and these must put into a watch a regulations rather that these ico's to create should proves their project is worth.

casty3000

full member

Activity: 532

Merit: 100

It was very obvious that something like that would happen. They gave no promises. We filled out many forms for the card application and no return was made. He deserves a solid base from Mayweather. Or he is in this business.

Topic: CENTRA CTR SCAM - Founders Arrested - page 9. (Read 13637 times)