Founders of Centra Tech ICO Indicted for running Fraudulent ICO

The three co-founders of the ICO Centra Tech have been formally indicted for running a fraudulent ICO, according to a statement from the U.S. Department of Justice. All three are facing charges of securities fraud, wire fraud and two conspiracy counts. The defendants, Sohrab Sharma, Robert Farkas, and Raymond Trapani,  raised $32 million from investors in 2017. They apparently misled investors by falsely claiming that their company…

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