Rita Ora Promotes Bitcoin on Instagram (bitcoinist.com) 12/18/2019 - 10:13am
No filter – this is what Rita Ora promised on her Instagram profile, when she appeared to sport the Bitcoin (BTC) logo. Crypto assets are no strangers to celebrity promotion, but the memefication of the Bitcoin filter is adding another layer to the coin’s popularity. Rita Ora Appeared with Instagram Bitcoin Filter Singer Rita Ora, who broke out as...
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Court in Centra Tech case explains how to calculate securities fraud damages when an investment was made in crypto (theblockcrypto.com) 12/14/2019 - 12:12pm
How do you calculate damages in a securities fraud case where the "money" invested was actually cryptocurrency, and said "money" has fluctuated in value in relation to the dollar? A December 13, 2019 Order from the Southern District of Florida in the Centra Tech lawsuit offers an answer. Centra Tech was one of many token sales of the short lived...
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Crypto Investors Seek $2.9M Judgment In ICO Fraud Suit (law360.com) 12/05/2019 - 7:23am
Law360 (December 5, 2019, 3:12 PM EST) -- A proposed class of Centra Tech investors has pushed a Florida federal court to enter a default judgment of nearly $3 million against the now-defunct ...
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Akon warns against celebrity-backed cryptocurrencies (arabianbusiness.com) 11/26/2019 - 9:13pm
DJ Khaled was also involved in Centra, while veteran actor Steven Seagal had his fingers burnt for an association with Bitcoin. 46-year-old Akon, who was speaking on the sidelines of the Sharjah ...
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Mayweather-backed Centra Tech crypto scam victims fight back in court (coingeek.com) 10/24/2019 - 3:23am
Mayweather-backed Centra Tech crypto scam victims fight back in court The post Mayweather-backed Centra Tech crypto scam victims fight back in court appeared first on CoinGeek .
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Victims of Mayweather-Backed Centra Scam Defend Themselves in Court (bitcoinist.com) 10/23/2019 - 8:00am
Investors in Centra Tech, a defunct crypto firm that was accused of fraud, defended their renewed class certification bid in a Florida federal court yesterday, after being denied in an initial motion. During its initial coin offering (ICO), Centra was promoted by celebrities like DJ Khaled and boxer Floyd Mayweather. The Charges Came Too Late,...
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Crypto Co. Fights Investors' Renewed Cert. Bid In ICO Suit (law360.com) 10/16/2019 - 7:49am
Law360 (October 16, 2019, 2:45 PM EDT) -- Centra Tech has slammed investors’ renewed certification bid in a proposed class action over the now-defunct cryptocurrency company's allegedly fraudulent ...
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Class certification denied in $32 million CentraTech ICO lawsuit and defendants ask to return ether in parallel criminal case (theblockcrypto.com) 10/12/2019 - 11:37am
As readers of CCM will recall, the CentraTech ICO raised $32 million in crypto and then in late 2017 the whole thing came crashing to a halt when the SEC sued the co-founders for orchestrating a fraudulent ICO and they were picked up by criminal authorities and charged with, yes, crimes. This is also the ICO that had DJ Khaled, and Floyd...
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Compliant ICO Blockstack at Disadvantage to Unregulated Token Sales (bitcoinist.com) 10/01/2019 - 11:00am
Blockstack, the company that recently completed a registered and compliant token sale, may stand at a disadvantage to projects that exploited the Wild West market for ICOs. The US Securities and Exchange Commission is slapping fines and attempting to punish the projects, but only after millions were raised. Blockstack Completed Pre-registered...
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Binance Axes BitTorrent Token (BTT) Trading Pair and 29 Others (bitcoinist.com) 09/30/2019 - 9:00am
Binance went on a delisting spree, going as far as to eliminate the BTT/BTC pairing. Binance culled 30 trading pairs in total, without removing the actual assets. Binance Removes Launchpad Token Pairs The most significant removal was for BitTorrent Token (BTT). Now, BTT only trades in pairs against stablecoins Tether (USDT), Paxos Standard (PAX),...
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SEC Hits Floyd Mayweather and DJ Khaled With Fines for Unlawful ICO Promotion (news.bitcoin.com) 11/30/2018 - 10:30am
The U.S. Securities and Exchange Commission has hit two celebrities with record fines for shilling initial coin offerings (ICOs). Boxer Floyd Mayweather Jr. and music producer DJ Khaled were taken to task for failing to disclose payments they received for touting the projects. The case marks the first time the SEC has taken against celebs for ICO...
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Just The Headers #1 (the-bitcoin-po.ca) 04/28/2018 - 9:59am
This is a weekly headline show where Dee and Jessie Broke do their best to highlight bits of nonce-sense from Crypto News...Enjoy! Weekend Links: https://www.coindesk.com/icos-eat-delawares-lunch/ https://cointelegraph.com/news/third-co-founder-of-centra-tech-charged-w... https://cointelegraph.com/news/blockchain-start-up-to-help-public-own-an.....
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EOS Raises $700 Million Despite Token Affording No “Rights, Uses, Purpose, or Features” (news.bitcoin.com) 12/20/2017 - 10:00am
Block.one’s EOS ICO has raised approximately $700 million USD, despite EOS’ FAQ page clearly stating that token-holders will not be afforded any rights or functions. The token sale currently comprises the largest ICO to date, with the company anticipating a launch in June 2018. Also Read: Centra ICO Faces Class Action Lawsuit, Accused of Violating...
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Despite Falling Revenue, ICO Fever Remains High (news.bitcoin.com) 12/19/2017 - 5:55pm
Once celebrities began endorsing ICOs, many were quick to claim that this was the top; the mania had reached its peak and the token bubble was about to pop. And when the SEC filed charges against several dubious projects, forcing others to return funds to investors, this assessment appeared to be accurate. Despite the mid-summer mania having...
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Centra ICO Faces Class Action Lawsuit, Accused of Violating US Securities Laws (news.bitcoin.com) 12/18/2017 - 8:31pm
Centra, an initial coin offering (ICO) noted for having been promoted by Floyd Mayweather, is now facing a class action lawsuit. The ICO is accused of violating securities laws by misrepresenting the cryptocurrency as comprising a utility-based token. Also Read: Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore The Suit Has Been...
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Centra Tech shopping with the Centra Card using 8 Cryptocurrencies 08/12/2017 - 7:14pm
Watch Centra Tech shop with the Centra Black Metal Founders Card in a local mall and withdrawing at the ATM using various cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Dash, Ripple, Monero and Zcash. centra.tech
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PR: Centra Tech Announces ICO, Centra Card, & Insured Wallet (news.bitcoin.com) 07/25/2017 - 8:55am
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. Centra is a Crypto debit card for Bitcoin,...
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