The co-founders of the Centra ico were just arrested

[SerenW]

The co-founders of the Centra initial coin offering were just arrested and the project is being taken down by the SEC. You may recall some of the details in the SEC complaint from a story in the NY Times last fall.

https://www.nytimes.com/2017/10/27/technology/how-floyd-mayweather-helped-two-young-guys-from-miami-get-rich.html

The full SEC release and complaint are here: https://www.sec.gov/news/press-release/2018-53

Funny thing is Centra supporters are still calling it a fud and fake news in Telegram group. I was amazed to see the responses too, the question is does the crypto full of noobs which won't even believe you if you give them the official sources confirmation?

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[lakimens]

It was a suspected scam from the start, lots of shit about them on the interwebz and now it's confirmed.

[Teraboy]

The co-founders of the Centra initial coin offering were just arrested and the project is being taken down by the SEC. You may recall some of the details in the SEC complaint from a story in the NY Times last fall.

https://www.nytimes.com/2017/10/27/technology/how-floyd-mayweather-helped-two-young-guys-from-miami-get-rich.html

The full SEC release and complaint are here: https://www.sec.gov/news/press-release/2018-53

Funny thing is Centra supporters are still calling it a fud and fake news in Telegram group. I was amazed to see the responses too, the question is does the crypto full of noobs which won't even believe you if you give them the official sources confirmation?

The die-hard supporter of centra will never care about that. They are calling it another FUD to make themself feels "nothing happened with centra at all"

CEO of centra was buying bentley with the raised funds.
Glad to see he was already arrested.

The website is gone and what's next. Maybe the telegram group will be erased later.

It's so pathetic to see those are defending centra get a bit lost on centra. They are defending centra to recover their investment.

[tk808]

As foretold, governments will reign down on all the injustice and crimes committed with cryptos. After the whiplash of last year's gains, the masses flooded in, and the uptick in greed has swarmed these forums.

There's always been corruption and money-hungry whores, but they were far fewer. Since "ICO" is the method that has dominated 2016-2018, the rats flooded the markets with utter garbage and shit.

I once was an advocate against regulations, but now that the masses are here, cryptocurrency has become a playground for the infested wolves and the uneducated sheep, with no master to watch over the chaos.

Regulations and intervention is the only way crypto will grow to new heights in the future. That's why there's a lot of uncertainty in the current climate of all cryptos. No one is going to predict the next catalyst for major growth, only time will tell.