CENTRA CTR SCAM - Founders Arrested

[rayk]

Good things happen  soon there will be more such news, and this is also bad for investors, these guys have not lost their though this situation is worse, All of the market cap was dumped.

[Soroskatona]

It is great to hear about this! There are many other scam coins out there, which deserve the same.
At the same time, I feel sorry for the holders. But I believe it was obvious it is a scam.
The hard thing to believe is that they were listed on bigger exchanges aswell!

[South Park]

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.

To me these are good news, too many times people have been scammed and scammers have gotten away with it, it is time that the people that defraud investors face jail time and if possible if some of that money could be given back to the investors that believed in the project, it's unfortunate because no matter what happens those that invested will probably lose most of their money since the token is crashing very badly.

[Teraboy]

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.

To me these are good news, too many times people have been scammed and scammers have gotten away with it, it is time that the people that defraud investors face jail time and if possible if some of that money could be given back to the investors that believed in the project, it's unfortunate because no matter what happens those that invested will probably lose most of their money since the token is crashing very badly.

I remember when centra CEO has shown off his new bentley that he has been bought used the reserved funds that raised from the crowdsale.

I guess at the start the majority of developers in centra are incompetence because they can't even create such a good and smooth site for the crowdsale.

I guess there is a lot of people move away to another project when centra token reach its ATH.

[retrend]

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.

To me these are good news, too many times people have been scammed and scammers have gotten away with it, it is time that the people that defraud investors face jail time and if possible if some of that money could be given back to the investors that believed in the project, it's unfortunate because no matter what happens those that invested will probably lose most of their money since the token is crashing very badly.

Yes, it is necessary to show that for such crimes there is a real responsibility

[Milansilver7]

The case of fraud and profiteering that occurred on the artist, alarmed some community leaders, whether they were victims of fraud or not? This is bad news. Hope we can learn from this.

[Manc89]

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

I  heard suppoman so many time and i still dont know who is it?
There many project already supported by him and have some interesting from investor. So what is his capability?

[renault18turbo]

Today I see a 144% increase in the price of a token. What is the reason? perhaps the team made some announcements about the replacement of the project Manager?

[coinporch]

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 bad news for centra,but why today centra price was rising more than 100%
I know the price is far from all time high, but, whois make the price increase significantly ?

[Lastsamuraj]

As far as i know,co-founders promissed to take project into their hands.Thats probably the reason of price growth.Doesnt look like a tyipical P&D anymore

[meldrio1]

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.

[bird17]

Perhaps if there were regulators, then such scammers would not be able to do such an ISO and deceive people.

[shinratensei_]

As far as i know,co-founders promissed to take project into their hands.Thats probably the reason of price growth.Doesnt look like a tyipical P&D anymore

I know that but the bad things are founder of centra was bringing a lot of money into his hand. That means the co-founder of centra must try to report about how many funds that already grabbed by the centra founder that already arrested by US security right now.

But sadly binance and another exchange sites are confirming that to delist centra token as fast as possible.

[koang]

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 bad news for centra,but why today centra price was rising more than 100%
I know the price is far from all time high, but, whois make the price increase significantly ?

I think the price increase is due not to the good news of this project.
I think this increase in price is more caused by speculators who have a lot of CTR and want to reduce their losses by pumping prices and will dispose of it after the price rises

[ryzaadit]

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 bad news for centra,but why today centra price was rising more than 100%
I know the price is far from all time high, but, whois make the price increase significantly ?

I think the price increase is due not to the good news of this project.
I think this increase in price is more caused by speculators who have a lot of CTR and want to reduce their losses by pumping prices and will dispose of it after the price rises

Its just becuse all people panic with this news about CTR. then maybe some whale want play with the price because the panic then he got a cheap price after that making some rebound price. Buy on panic sell at news. always do it that

[starblocks]

This is terrible news and doesn't set a good example but hopefully there'll be less scam attempts from now on in the ICO space because of this

[drogba773]

It's incredible. I have invested over 2k into this coin. What a scam!

[tisumagic]

It is a pity investors who participated in this project, many of my friends lost a lot of money. It's good that I did not invest in it, I felt that there was something not good. 

I just know if the Centra project is a scam. because my friend also joined the centra project and get their shares, but my friends participate in they bounty not participate as an investor. and this makes me confused with this project 

[Saidmod]

It is a pity investors who participated in this project, many of my friends lost a lot of money. It's good that I did not invest in it, I felt that there was something not good. 

I just know if the Centra project is a scam. because my friend also joined the centra project and get their shares, but my friends participate in they bounty not participate as an investor. and this makes me confused with this project 

No one would ever know it a scam because at first it was a successful Ico and with the special promotion or advertise by Mayweather and on the later months its has a malicious programs that turns out and suspected as scam thats why the investigation on this centra goes on.

[Bowtiesarecool]

This is terrible news and doesn't set a good example but hopefully there'll be less scam attempts from now on in the ICO space because of this

That's the take away from this SNAFU. Knowing that the SEC is now closely monitoring this industry will do a world of wonders in ensuring that only legit offering - developed by skilled personnel and backed by real experts - will see the light of day. All them Mayweather, Seagal, Hilton, Game, and even McAfee can just back down now... Satoshi, Buterin, Lee, Ivanov, and countless other talented Devs didn't need a single endorsement from anybody to push forth their dreams. And we don't need their endorsement to tell us where we should be