Thursday, April 18, 2024

SEC charges third ‘mastermind’ in ICO fraud case

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The SEC is clearly determined to crack down on everyone involved in Centra Techs allegedly fraudulent initial coin offering. Officials have filed fraud charges against a third mastermind in the case, Raymond Trapani, for reportedly helping to whip up false claims about the $32 million ICO and manipulate trading to keep the offerings price up. As evidence, the SEC trotted out a group text message where Trapani reportedly told Centras Sohrab Sharma to cook me up a fake document…Read more

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