Centra Tech co-founders indicted over fraudulent ICO endorsed by Mayweather

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Robert Cohen, chief, SEC Enforcement Division’s Cyber Unit, said, “We alleged that the Centra Tech co-founders went to great lengths to create the false impression that they had developed a viable, cutting-edge technology.”

The Commission charged Sharma, Trapani, and Farkas with violating the anti-fraud and registrations provisions of the federal securities laws.