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Topic: Co-founders of Centra Tech arrested - page 2. (Read 336 times)

member
Activity: 210
Merit: 10
April 03, 2018, 02:34:45 PM
#30
This is just alarming because if you are an investors back then you could lose a lot of money now as centra is dumping its price too hard because of the news that are spreading too fast,get out while you still can or else you wont get recovered what you ahve invested to.These people if proven guilty deserves what they will receive,from be cheating in ICO.
newbie
Activity: 238
Merit: 0
April 03, 2018, 02:22:23 PM
#29
US SEC is on this website i suspect did someone gave compliant to SEC or else they came across Centra fund but US govt strict supervision is going on ICOS globally
newbie
Activity: 110
Merit: 0
April 03, 2018, 02:13:53 PM
#28
With so many scammers who have jumped into the crypto world, this one will not be the last to be arrested.
Thank goodness that we start to do a little cleaning.
full member
Activity: 420
Merit: 100
April 03, 2018, 02:09:07 PM
#27
Yes I heard this news , very sad ,the coin fell off . many people believed in this project ,but now it has lost the hope of its investors . with great care you need to choose projects
member
Activity: 207
Merit: 10
The future is your Genome
April 03, 2018, 02:03:53 PM
#26
I pitty those people who bought from its ICO and keeping it until now,probably they have lose a lot of money and the opportunity to secure their investments,this is the reason why centra has been dumping hard today because those scammers got caught,SEC is being more and more agressive because most of these ICOs are too scared about the regulation!
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
April 03, 2018, 01:56:00 PM
#25
It's mind boggling that even in today's world where the long arm of the law is longer than it's ever been, people are still trying to flee and commit fraudulent activity, all in the name of a few million dollars.  I'm glad this happened.  Hopefully it will deter future violators.  The more get arrested the better.
thats why this person called scammers because they cant live doing fair instead life for them must be easier to have ,and no hardship this people dont have to be trusted and must put in jail ,so they will be great example for those candidates for scamming that this will happen to them if they dont stop monkey business
member
Activity: 168
Merit: 10
April 03, 2018, 01:53:08 PM
#24
This is odd,because its ICO has achieved success  Huh so it only means these people really didnt used their real identity in the ICO phase they must be changed their mind to scam people that is why they wanted to legalize its use when the ICO has ended,but unluckly SEC is carefully watching each campaigns or ICOs in the U.S premises that is why they got caught badly.
sr. member
Activity: 476
Merit: 278
April 03, 2018, 01:47:45 PM
#23
This is a good sign because people runing icos need to realise that the same thing can happen to them if they try to scam people for their money.Just one step further in regulating crypto and necessary thing for a new crypto bull run
full member
Activity: 546
Merit: 101
April 03, 2018, 01:45:16 PM
#22
Oh my God, only to think anyone can just take all the collected stenstva and slip. ICO is still too risky to invest. I prefer buying coins from exchanges, it's more reliable.
member
Activity: 210
Merit: 10
The P2P Marketplace For Digital Content
April 03, 2018, 01:28:32 PM
#21
Centra Tech, a widely advertised ICO had it's co-founder arrested after they were trying to escape the country with collected funds.

They were successful in raising 32 millions by claiming to offer a variety of financial products, including a debit card backed by Visa and MasterCard, with which users could instantly convert cryptocurrencies into US dollars and other legal tender.

Floyd Mayweather had previously endorsed the ICO, probably a paid job.
Well if these people did something wrong with the investors they are probably deserve what they have! floyd mayweather is just a dickhead who wants to earn more money from anything,this is all about the money that is why floyd have endorsed it to the public,floyd surely has a lot of centra investment that is why he didnt bother to promote a scam ICO.
full member
Activity: 476
Merit: 100
April 03, 2018, 01:22:05 PM
#20
That is good for hin and his scamming team. The security should be congratulated for having an eagle eye to nab him. It is now pay back time all  his team
 members and self looted will be reimburse plus jail sentence  hanging over their heads.
sr. member
Activity: 812
Merit: 252
April 03, 2018, 01:16:45 PM
#19
A good ICO does not need influencers to succeed and bring a viable product life to the market. Also, it is not cool for the investors who invest in this startup and the founders try to commit a fraud.
sr. member
Activity: 812
Merit: 256
April 03, 2018, 01:11:50 PM
#18
I am quite shocked when I hear of this news today. Centra has a working product, some users have received the cards and start using it. Anyone know why are the founders arrested?
full member
Activity: 322
Merit: 103
April 03, 2018, 01:05:12 PM
#17
Floyd Mayweather had previously endorsed the ICO, probably a paid job.
Naah. how dare you think about that? He is a well known crypto enthusiast and probably coulanteered for that job without any payment.
By the way not so long ago Steven Seagal endorsed Bitcoiin project (even the name of the project is retardly phishy) and then left it together with the whole team after the ICO. Why people expect celebrities to guarantee that the project is legit?
member
Activity: 210
Merit: 10
April 03, 2018, 12:48:58 PM
#16
This is sad,i have been holding centra for about half a year now why would these happen to us? these people from the past seems to be legit and now all their scandals are popping out ! they should warned us from the start clearly the SEC is just getting some old crap to be recycled why now? these people didnt tried to scam people as far as i know.
member
Activity: 392
Merit: 11
April 03, 2018, 12:28:15 PM
#15
Damn!

This ICO pro scammer going crazy. I think it's enough for us to hear this bad news.
Every week, I read a lot of people getting REKT because of a scam ICOs. This is not good for the future of Crypto ecosystem. I know some good project which can against a scammer activity. It's called BLUE. They claimed that the next launched SDK can overcome this scam activity.
legendary
Activity: 1246
Merit: 1000
April 03, 2018, 12:19:08 PM
#14
If the SEC really wants to make an example they'd arrest Floyd Mayweather and DJ Khaled too, I'm sure they weren't ignorant with what was really going on.
sr. member
Activity: 952
Merit: 253
April 03, 2018, 07:07:12 AM
#13
Centra Tech, a widely advertised ICO had it's co-founder arrested after they were trying to escape the country with collected funds.

They were successful in raising 32 millions by claiming to offer a variety of financial products, including a debit card backed by Visa and MasterCard, with which users could instantly convert cryptocurrencies into US dollars and other legal tender.

Floyd Mayweather had previously endorsed the ICO, probably a paid job.
I guess this will be happening as fast as possible. I don't like all of bullshit promises from the centra project because it was a little bit scammy when i was seeing some big promises when the crowdsale still running.
in 72 hours binance will be delisting centra from binance exchange site and look at the price of centra right now how the centra holders are rushing to sell their money as fast as possible.
full member
Activity: 373
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
April 03, 2018, 07:02:55 AM
#12
I think it is good news, so scamers will know that they could be put in jails. Hope in the future there will be less scam projects.
member
Activity: 328
Merit: 39
April 03, 2018, 07:01:31 AM
#11
Whenever a new market appears, and the rules are not clear, it is inevitable that someone tries to take advantage of the situation.
But the scammed are as guilty as the scammers, since usually you need just a little attention to identify the scams.
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