CENTRA CTR SCAM - Founders Arrested

[rommelzkie]

Too bad for centra (CTR). It is also delisted from binance. With the government regulation on crypto many ICO and existing projects will vanish. specially those ICO or Crypto that has a Small or NO foundation at all. This is one of the sample effect.

I hope that CENTRA Black card users are doing well.

[South Park]

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 )

Even if that was the case and the whales were able to get people to invest in a coin that was going to disappear, people need to be a lot more responsible with their money if a coin has been exposed as a scam then do your best to avoid such coins as a matter of principle and you will never lose your money in that way, do your best to only invest in projects that seems legitimate.

[Bowtiesarecool]

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 )

Even if that was the case and the whales were able to get people to invest in a coin that was going to disappear, people need to be a lot more responsible with their money if a coin has been exposed as a scam then do your best to avoid such coins as a matter of principle and you will never lose your money in that way, do your best to only invest in projects that seems legitimate.

Was surprised to see the pump too and the market falling for it.
The pursuit for more gains shouldn't override common sense. The asset has been declared fraudulent, the founders will be prosecuted - at the very least, we should wait for the outcome of the case first.

[despondency]

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

Should not investors expect to compensate for losses? As far as I remember, this project collected a huge amount of ETH, why not bring them back? This will be fair

[Oilacris]

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

Should not investors expect to compensate for losses? As far as I remember, this project collected a huge amount of ETH, why not bring them back? This will be fair

Done expect for compensations or return of funds or investment. This is always been the risk of cryptocurrency investment.On anytime,anything can happen.

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

Should be somehow expected yet it do have involvement when it comes to their marketing where Floyd Mayweather is into this thing. They hype built up and do accumulate lots of investors.

[starsoul]

Centra (CTR) $0.022023 USD (78.29%) --- price as at time of posting, HitBTC where all the action is taking place. 

[Bowtiesarecool]

Centra (CTR) $0.022023 USD (78.29%) --- price as at time of posting, HitBTC where all the action is taking place. 

Amazing... Crypto still has ways to go before maturing
And I don't know which is more worrisome.
The fact that people are still being manipulated by a few market actors or the fact that there's still a market for an outed scam product.
Going to take a long, hard look at HitBTC... why wouldn't they delist CTR?

[starsoul]

Centra (CTR) $0.022023 USD (78.29%) --- price as at time of posting, HitBTC where all the action is taking place. 

Amazing... Crypto still has ways to go before maturing
And I don't know which is more worrisome.
The fact that people are still being manipulated by a few market actors or the fact that there's still a market for an outed scam product.
Going to take a long, hard look at HitBTC... why wouldn't they delist CTR?

CTR is up even more since my previous post. Buyer beware. Personally HitBTC is one of my least favourite exchanges. CTR delisted from nearly all others and HitBTC happy to keep it running on their exchange. Was the same after the recent Titanium debacle (BAR). Also their withdrawal fees have been excessive in my experience.

There is for sure much much more positive development, refinement and improvement to come in the Crypto sphere, extending from the actual projects to the exchanges and all else in between.

[Temik2704]

Delisting CTR from Binance was a real blow to the project... Now, founders arrested I think that we should not expect any good news for CTR token during close future.

[bimbie]

It feels so sad for the investors of the CTR their money an efforts became wasted.Finally those bad people and their bad doings come to an end but many people are fooled.It is indeed that it's hard to find a good projects or good coins to invest in.

[pumawolf]

Despite the scam, I still find it interesting and risky to have a fluctuating price.

[vanmoreno]

Is there any hope for this ctr? Can ctr win the court again SEC regulation?

[Bowtiesarecool]

Is there any hope for this ctr? Can ctr win the court again SEC regulation?

Unless they can magically produce some sort of partnership agreement with mastercard/visa.
Also, they were offering unregistered securities to the public - if they can also prove that their securities were registered, then they can win.
Barring these, it's the slammer for them

[Digital_Lord]

Centra (CTR) $0.022023 USD (78.29%) --- price as at time of posting, HitBTC where all the action is taking place. 

Amazing... Crypto still has ways to go before maturing
And I don't know which is more worrisome.
The fact that people are still being manipulated by a few market actors or the fact that there's still a market for an outed scam product.
Going to take a long, hard look at HitBTC... why wouldn't they delist CTR?

CTR is up even more since my previous post. Buyer beware. Personally HitBTC is one of my least favourite exchanges. CTR delisted from nearly all others and HitBTC happy to keep it running on their exchange. Was the same after the recent Titanium debacle (BAR). Also their withdrawal fees have been excessive in my experience.

There is for sure much much more positive development, refinement and improvement to come in the Crypto sphere, extending from the actual projects to the exchanges and all else in between.

That was some good piece of information and it is sad to discover that Centra was a trap. My sympathies are with all those who invested in it. But they should have shown more care. This is the sole reason why I always suggest to hook up with the old coins. They are trustworthy at least. They won’t leave the holder in the middle of journey. Choosing centra while having options of bitcoin, eth and other potential coins was wrong.

[Suslived]

Its Mayweather whom they should arrest. Are you free of guilt when someone pays you to do something which that someone says is legal but actually turns out to be illegal? What if i paid you to go take money from a bank and you did it, shouldn't you be charged if not more guilty than the person who simply told you? Mayweather has always played dirty in the ring and now hes doing it in the real world. Somebody has to do something.

[bigdude]

Its Mayweather whom they should arrest. Are you free of guilt when someone pays you to do something which that someone says is legal but actually turns out to be illegal? What if i paid you to go take money from a bank and you did it, shouldn't you be charged if not more guilty than the person who simply told you? Mayweather has always played dirty in the ring and now hes doing it in the real world. Somebody has to do something.

if you are US guy you can report him to FBI, and yes for sure FBI know what did Mayweather do already. Let's wait and see.
I don't know why people still take the huge risk by trading this dead and scam project in Hitbtc the volume still over $50k daily. LOL

[starsoul]

Its Mayweather whom they should arrest. Are you free of guilt when someone pays you to do something which that someone says is legal but actually turns out to be illegal? What if i paid you to go take money from a bank and you did it, shouldn't you be charged if not more guilty than the person who simply told you? Mayweather has always played dirty in the ring and now hes doing it in the real world. Somebody has to do something.

Whether one is a fan or not of Mayweather in regards to his boxing career (or otherwise), how would we know if he was privy to CTR being a scam at the time he was engaged to promote the project. He could be just as unaware as those who invested in the project. If he was paid in CTR then that is not worth much to him now, not that he would need it to be anyway given his embarrassment of riches that he already had. He seems like a shrewd guy so likely got tokens and fiat probably. Would he risk his existing vast wealth and reputation to knowingly be pushing a scam. I understand the anger and frustration but I am other than sure that Mayweather is culpable or indeed liable for any wrongdoing. Ultimately a court of law would need to decide that but my feeling is that Mayweather will be unaffected unless there is something to come out of the woodwork as of yet unknown. There was another 'celeb' hyping CTR too, DJ Khaled, maybe more too.

[cryptokingmaker]

This is amazing that this campaign has ended more than 5 months ago. After long time, we have come to know this project is scam. Many investors lost their valuable money although i have sold my tokens 3 months ago.

We don't know whether Centra coin has given any profits to the investor but really unpredicted one because on the other side they are doing conference actively and giving updates on their progress. We don't know which company we have to believe and which company we should not.

[Bowtiesarecool]

Its Mayweather whom they should arrest. Are you free of guilt when someone pays you to do something which that someone says is legal but actually turns out to be illegal? What if i paid you to go take money from a bank and you did it, shouldn't you be charged if not more guilty than the person who simply told you? Mayweather has always played dirty in the ring and now hes doing it in the real world. Somebody has to do something.

I've seen the other side of the coin - what advisors and promoters do for ICO and really, it's nothing more than being paid for using their brand image and giving promotional talks

[conanmori]

What a sad end for a great potential project sadly team turn out to be a scammer. Centra always been so strong even Bitcoin Price is falling they always keeping high price but now surely atleast next month CENTRA will drop so fast. Feel bad for those investor who bought so many and hold it.