#ico scam

[thecryptoreport]

Centra Tech Co-Founder Pleads Guilty to Fraud After $25M Token Sale

Centra Tech Co-Founder Pleads Guilty to Fraud After $25M Token Sale

The co-founder of the Centra Tech crypto project that at one time garnered A-list celebrity endorsements but was later called a scam in court, pleaded guilty Tuesday for conspiring to commit securities and wire fraud.

Robert Farkas, 33, admitted he and co-founders Sohrab Sharma and Raymond Trapani misrepresented Centra Tech’s true purpose as they worked to dupe investors out of more than $25…

View On WordPress

[thecryptoreport]

Bitcoin News Roundup for May 29, 2020

Bitcoin News Roundup for May 29, 2020

With bitcoin and many traditional markets down on the day, CoinDesk’s Markets Daily is back!

Bitcoin’s bulls are taking a breather as the traditional markets get the jitters over rising tensions between the U.S. and China.

The Twitter account of BSV-based social media platform Twetch was suspended Thursday without warning, said Twetch co-founder Josh Petty.

Ethereum startup Magic just…

View On WordPress

[cryptoinfowatch]

Monero White – A Poor Attempt At Riding The Monero Wave

Monero White – A Poor Attempt At Riding The Monero Wave

Everyone that is familiar with the coin market knows about Monero. What they may not know is that there are many projects that pretend to be variants of major cryptocurrencies just as Monero White which obviously wants to ride on the popularity of Monero to sell its token.

This may not be a bad idea if the project is solving real problems, but we definitely would frown at a project that adds no…

View On WordPress

[cryptoinfowatch]

ICO Funding Down But is it Out?

ICO Funding Down But is it Out?

2019 has witnessed very low funding with respect to initial coin offerings even though the month of March saw significant increase in the amount raised from ICOs.

March funding reached a temporary peak of $49 million which is a significant increase from the $22 million raised in February which shows that the sector is picking up contrary to the reports from some Wall Street analysts who concluded…

View On WordPress

[listofico-blog]

Substratum Accused of Misplacing ICO Funds | List of ICO

Many users on Twitter and Reddit have raised concerns regarding Substratum, an open-source project that strives to create a foundation for the decentralized internet.

Substratum Accused of Misplacing ICO Funds

For latest blogs visit: https://listofico.com/

[listofico-blog]

Crypto Banking Startup Crumbles Post ICO Failure | List of ICO

The ambitious crypto startup, Hush, which was aiming to develop the first participative, regulated, tokenized and cryptocurrency friendly bank has crumbled after a failed ICO earlier this year.

Crypto Banking Startup Crumbles Post ICO Failure

For latest blogs visit: https://listofico.com/

[listofico-blog]

Crypto Projects to Face Potential Risk of ICO Refunds | List of ICO

According to Pantera Capital Management, about 25 percent of the ICO funded blockchain and digital currency projects are supposedly in violation of U.S. securities laws and may have to refund money to their contributors.

Crypto Projects to Face Potential Risk of ICO Refunds

To read more latest news visit: https://listofico.com/

[listofico-blog]

International Cooperation Endeavors to Eradicate ICO Fraud | List of ICO

According to the Securities and Exchange Commission co-director, Steven Peikin, International cooperation plays an important part in tackling ICO fraud

International Cooperation Endeavors to Eradicate ICO Fraud

To read more latest news visit: https://listofico.com