CENTRA CTR SCAM - Founders Arrested

[Bowtiesarecool]

Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

[kolonel_x]

well, I've read it and the centra team see they will be discussing tomorrow and will soon be making their own event news, we are sure many holders who keep a lot of CTR and are now confused

[kynaz]

Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

This is probably the end of the Centra project and Centra community. Prices have dropped by -70% in just one day, and this is a terrible thing. I just want to give condolences to Centra keepers at this time because maybe this is the last time you can see Centra at this price.

[Bowtiesarecool]

Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

This is probably the end of the Centra project and Centra community. Prices have dropped by -70% in just one day, and this is a terrible thing. I just want to give condolences to Centra keepers at this time because maybe this is the last time you can see Centra at this price.

When you put it that way... yeah, you're right. My condolences to CTR hodlers - especially those who where mislead by guys like Mayweather and Suppoman - Suppoman, especially, shilled the living daylights out of this. We all need to be diligent moving forward. It's enough worrying about scammers and hackers, now we have "Snake oil salesmen" to add to the list. SMH

[Zanetti83]

Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

Feel sorry for all CTR holders.
Just hoping all of you will bounce back, and regain your losses from other trades.

[Crypto_lion]

A good move but sadly a bad one for the token holders .I hope the SEC recovers the money from them and distributes it back to the investors as stated in the article.Hopefully this makes the frauds think twice before starting a ICO.

[sabotag3x]

REALLY?

[icalical]

This is really unfortunate, CTR has been listed on many popular exchanges, it even listed on Binance. I have some of them, but then I sold on last January, the first time crypto market crash. Not because the I don't believe in their project, its purely because of the whole market crash.  Even I was planning to reinvest on CTR when market getting better, but then the this is the news, very unfortunate.

[Nhebu]

Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

Really? I never expect that centra is a scam! I am planning to invest in CTR with my friends because we've thought it will become the token of the year but it seems like it was a scam. It is my honor to knows it before we lend our money. Thanks for the information buddy! Now, we are far from getting lose and I hope also that the CTR hodlers will recover from their great loss.

[bitcampaign]

I've read this and it's all because of money so who's to blame? all teams have to maintain the trust of the clients but they run away from the project itself or commit fraud, hopefully this also makes the lesson for all ICO participants to be more careful before investing

[AlexaSonda]

What Centra experienced is a very sad thing and makes crypto bad in the eyes of the world. I also holder of CTR and CTR removal from kucoin is the fact that CTR it scam. https://mobile.twitter.com/kucoincom/status/981112870405423106

[bobo012]

This is just the start. Soon much more projects will likely be exposed as scams. We must be careful because news like this can hit us any day now.
Now is a time where we must evaluate, and do good research before investing.

[puremage111]

Fun fact: Centra was subpoenaed by the SEC on February 9. The company's bank accounts were cleared out and all employees had been fired by March 30. One of the co-founders had a ticket to leave the US on April 1 but he was arrested before parting.

Rekt guys, i didn't expect Centra to be turn out into scam
$32Million ain't a small number, can only say that they market out their ICO And hide themselves perfectly

[Bowtiesarecool]

This is just the start. Soon much more projects will likely be exposed as scams. We must be careful because news like this can hit us any day now.
Now is a time where we must evaluate, and do good research before investing.

The days of speculations are behind us now.
Only cryptos with intrinsic value and real world usage will be left standing.
With over a 100 ICOS subpoenas from the SEC, who knows where the next hit is coming from?
Think we've found the next FUD factor for Q2.

[yokosan]

I've been thinking since day one. but I thought the project could fail. I didn't think its could be scam. I hope investors don't have much investment. I'm sorry.

 I think the best paying projects are tenx then tokencard and monaco. 

[jaocoincrypto18]

Finally, vindication has come for members of this community who stuck by their guns and called out CTR for what it was; a scam.

Also, never trust celebrity endorsement: https://www.sec.gov/news/press-release/2018-53

CTR tokens are now in freefall: http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

Another controversy for Floyd Mayweather but this time is about fraud and scam endorsement. If he invest to this ICO then this will be a double knock out lose for him because he will lost his investments and the same time his influence will be reduce and damage too in which some people will not believe to his next endorsements and projects anymore. This will be a lesson to those victims of this ICO that they should not rely to the celebrity endorsement only but they should review the projects very carefully because their capital is at risk.

[lx001]

Another controversy for Floyd Mayweather but this time is about fraud and scam endorsement. If he invest to this ICO then this will be a double knock out lose for him because he will lost his investments and the same time his influence will be reduced and damaged too in which some people will not believed to his next endorsements and projects anymore. This will be a lesson to those victims of this ICO that they should not rely to the celebrity endorsement only but they should review the projects very carefully because their capital is at risk.

He did not invest a single cent in Centra. He was paid with cash for the photos with the card, it was told earlier. What would you expect from a project if they were locking each of their topics here on Bitcointalk, deleted all telegram and slack channels a long time ago? And what would you expect from a guy who does not know how to fucking read.

[X-ray]

What Centra experienced is a very sad thing and makes crypto bad in the eyes of the world. I also holder of CTR and CTR removal from kucoin is the fact that CTR it scam. https://mobile.twitter.com/kucoincom/status/981112870405423106

Not only kucoin, But binance already announced to delist centra token as fast as possible and I think that the major exchange that listed CTR in the platform will be delisted CTR token from there.
CTR token is useless right now. Funds have taken by US authorities, and every investor can try to make contact with US authorities to get back their funds.

[Shamsher19]

I am also feeling panic due to this is there any more chance to raise up it or not?

[carlisle1]

well, I've read it and the centra team see they will be discussing tomorrow and will soon be making their own event news, we are sure many holders who keep a lot of CTR and are now confused

maybe its not only confused instead they are alarmed and panicking as of yesterday when this news came out,i have read this issue in other thread yesterday and feels concerned about the investors and the holders,.since this coin is doing good in market before this one explodes and now the future of the said coin is at risk of dying in future