Floyd Mayweather and DJ Khaled Targeted in New Centra Tech Suit
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Floyd Mayweather and DJ Khaled Targeted in New Centra Tech Suit
Retired boxer Floyd Mayweather and music producer DJ Khaled have been served with a class action lawsuit in relation to an ICO that they helped advertise last year, according to TMZ.
All a lie
The company in question was Centra Tech. Advertising a cryptocurrency payment card launched in partnership with Visa and Mastercard, it soon became clear that no such partnership existed. In addition to this, the executive team as displayed on its website was fictitious, and the price of its token, CTR, was artificially inflated in order to attract investment, as alleged by the US Securities and Exchange Commission.
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