CENTRA CTR SCAM - Founders Arrested

[South Park]

centra is pumping up it seems many people believe in centra it's just increase at 100% or maybe they didn't know that centra is having a problem that's why they grab the opportunity to buy a cheap price, lucky to those who bought at 0.06 price they doubled their money in one day.

What you are seeing is nothing but speculators trying to earn money with a coin that is having a very difficult time, if you take time to see the charts you will see that the overall direction of centra over the long-term is down and it suffered a huge crash in just a few days, in my opinion this is nothing more but the last movements of a coin that is dying.

Wow.... dropped by 70% today. Looks like you called that right on point. Shocking how a dying coin can get so manipulated, it sucks in the unwary - and greedy

Well you do not really have to be a genius in order to make the prediction that I did, the best guess that I can make is that probably some pump and dump groups bought the coin when it was crashing and then they gave the signal to the rest of the followers of the group to buy the coin and that created a pump in the market and that is why sometimes you see the coin going up.

[starsoul]

I think 90% ICOs are scam - who is next will be arrested? Maybe Crypterium, Monaco because they offer similar investment ideas

Please remember that some of these projects are genuine and pose a profoundly real disruptive threat to the existing system, the money making machine that has been profiting shamelessly and relentlessly is now facing the greatest challenge to its supremacy, decentralised cryptocurrency and blockchain technology. They will not go out without a fight and no doubt will use any and all means necessary to keep their racket going and the existing status quo to be maintained.

[neinnein125]

In overall this sounds like bad thing but its not. This will scare off other ico creators to behave according to law and fulfill investor's desire. I really want clean, safe, legal environment in ico investment schemes.

[Krakenproto]

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

[WalkerIVIV]

Anyone who was being neutral and had a look at centra's T&C's could see that this was a scam from the beginning.
I even made a thread about this in October and hopefully some people took notice and saved their money from these scumbags.

Here is the thread:
https://bitcointalk.org/index.php?topic=2274297.msg23061033#msg23061033

I was attacked & my posts were deleted when i raised these issues on Centra's thread.
I hope every single ''team member'' and shills caught and arrested for this scam.
We seem to have a quite a few shills on this forum, who will more than likely create another account to get themselves out of this shitshow.
But as anyone with little bit of tech knowledge knows that your footprints will be traced.

Last point, i really have no sympathy to over excited scumbags who invested in this scam.
These scumbags were the first to attack anyone raising issues with this scam.

http://www.coinfox.info/news/9186-centra-founders-arrested-in-us-token-dips-by-60

well tetai honestly I still save more than 10k in the wallet centra, I do not sell because I was already disappointed with the project centra.let it be a wallet decoration

I I really disappointed why don't sell your coin dude. 10k centra worth penny right now as more and more exchange will be delisting centra from there,

Man i guess so many people are holding it right now to make their wallet looks so beautiful with worthless centra token on there.

i have sold them all when it was $1
A lot of people are getting trapped.

[casty3000]

It was very obvious that something like that would happen. They gave no promises. We filled out many forms for the card application and no return was made. He deserves a solid base from Mayweather. Or he is in this business.

[carriebee]

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes this means investors should be keen on observation before they will involved in a certain project these days. A lot of scammers these days and these must put into a watch a regulations rather that these ico's to create should proves their project is worth.

[the rise]

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes this means investors should be keen on observation before they will involved in a certain project these days. A lot of scammers these days and these must put into a watch a regulations rather that these ico's to create should proves their project is worth.

CTR is only hampered by regulatory issues, and the developer's fault is to seize the legitimacy of a particular institution without legitimate evidence to get them eventually imprisoned, at least nothing wrong with this coin, but the mistake has been made by the project's management and the founder so as to have legal consequences which is fatal. We must be more careful in determining where we will invest with confidence.

[Bowtiesarecool]

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes this means investors should be keen on observation before they will involved in a certain project these days. A lot of scammers these days and these must put into a watch a regulations rather that these ico's to create should proves their project is worth.

CTR is only hampered by regulatory issues, and the developer's fault is to seize the legitimacy of a particular institution without legitimate evidence to get them eventually imprisoned, at least nothing wrong with this coin, but the mistake has been made by the project's management and the founder so as to have legal consequences which is fatal. We must be more careful in determining where we will invest with confidence.

Nothing wrong with this coin?
They mislead investors, sold them a promise they couldn't deliver on, embellished facts - and nothing wrong with it?
Next time you go down to your grocery store and they give you onions instead of the apples you asked for - because it's not their fault that farmers are growing more onions instead of apples.

[Larochka]

It is a great pity for those people who suffered in this project! But they had a chance to sell a coin dearly, since after a strong fall, there was a strong leap up! At this level, you could sell well. I have friends who managed to sell =)

[ColdZerk]

Really pity to hear such news, CENTRA was one of the base projects which offered interesting CrpytoCard. As you can see, listing on Binance is not a guarantee of project`s honesty.

[starsoul]

Really pity to hear such news, CENTRA was one of the base projects which offered interesting CrpytoCard. As you can see, listing on Binance is not a guarantee of project`s honesty.

Agreed, whilst I like Binance, they are not the be all end all in terms of a project's legitmacy by having their coin/token being listed there. Not sure how much home work / due diligence Binance can do but unfortunately some will slip through the gap regardless.

[South Park]

Really pity to hear such news, CENTRA was one of the base projects which offered interesting CrpytoCard. As you can see, listing on Binance is not a guarantee of project`s honesty.

When it comes to cryptocurrencies there is not really a guarantee of anything, it does not matter where the coin is listed or where is trading or who is promoting the coin you need to do your due diligence and if you do not do it you are going to regret it in the future, many people invested in some very bad projects just because they read an article or because they saw an ad on facebook and they lost their money as a result.

[Da2ja3]

So sad... Dont understand why greed will overshadow a man's true nature.

[minizi99]

Oh... I remember this CENTRA bounty campaign. They have scammed mostly every bounty participants. So no wonder they are arrested.

[maimainguyen05]

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project ). What a happy ending for a scam project )

[Lappenhaendler]

Ye, I m glad it came out, I participated in the ICO, sold quickly after when I found out about red flags and tried to warn people after that in their thread.

Funny thing: I was called an "extremely stupid person" for "spreading FUD".

GG to those guys, Scams in crypto are at every corner.

Guys watch out for your money, and don`t use this retarded FUD-hammer-argument.

[ashmodeus]

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project ). What a happy ending for a scam project )

btw , what happen with Mayweather
as i know , he supported this project , right ?
or that just fake news ?
i missed about CTR , i just confused because on binance will removing CTR
never like this before on binance.

[marketone]

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes, they are doing good but after ICO governments are reacting and the price went very low in the market. So they need to crack down the fake ICO, the government should take measures in order to protect the people from these fake ICO's.

[PsylockReborn]

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

I really feel bad about the investors. I myself purchased some of these coins luckily was able to change my mind and converted it all into btc. This coin started out great and my condolences to all the investors that really risked their money, time and effort in supporting this project. Hope that the investors can atleast get some of their losses.

A sad thing for crypto, but we will see these things more often in the future.
I hope that governments put the pressure on the real scammers without collateral.

Yes, they are doing good but after ICO governments are reacting and the price went very low in the market. So they need to crack down the fake ICO, the government should take measures in order to protect the people from these fake ICO's.

This is a very good move so that people who are planning to do a fake ICO in the future will be alarmed. The government should be vigilant hunting down these people who take advantage of the current trend with regards to ICOs.

And now CTR token become a tool to cheat other traders of the whales. LOL. After news CENTRA founder arrested, CTR price dumped to hell rightt after that then the whales made it pump more than 60% again. LOL. I think a lot of people felt into this trap of the whales. Although I didn't take part in CENTRA ICO project or bounty campaign but I can see there are a lot of investors and bounty participants complain about this project ). What a happy ending for a scam project )

btw , what happen with Mayweather
as i know , he supported this project , right ?
or that just fake news ?
i missed about CTR , i just confused because on binance will removing CTR
never like this before on binance.

I guess he was just used to promote it. I doubt that he even invested with this project. Mayweather is a very intelligent man specially when money is involve. I guess he doesn't know anything about this project being a scam.

We should all be careful nowadays with all these scamming ICOs eradicating all over the cryptoworld. Those guys behind this scheme are CON experts.