DJ Khaled and Floyd Mayweather Successfully Escape ICO Fraud Lawsuit

2019-5-15 10:50

By CCN: A federal court has dismissed a lawsuit against Floyd Mayweather, DJ Khaled, and the proprietors of Centra Tech, an ICO that centered around the launch of a crypto debit card. Mayweather and Khaled were compensated for using their vast social media presence to promote the ICO.

The court has decided that this is not enough to make them “successful solicitors. ” Khaled, Mayweather Not “Successful Solicitors” for Centra Tech The court ruled in favor of a motion to dismiss by the defendants. In the case of Floyd Mayweather, the court specifically pointed out that there wasn’t much evidence indicating

The post DJ Khaled and Floyd Mayweather Successfully Escape ICO Fraud Lawsuit appeared first on CCN

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Источник: ccn.com

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ICO fraud update: DJ Khaled and Mayweather walk free, Kevin Hart next to be investigated

The US Court for the Southern District of Florida has dismissed the case of initial coin offering (ICO) fraud against DJ Khaled and boxer Floyd Mayweather. The court decided that despite Khaled and Mayweather shilled defunct cryptocurrency firm CentraTech (and its associated ICO of CTR tokens) on their social media profiles, they did not play a big enough role in its promotion to warrant further legal action.

2019-5-15 17:05


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Floyd Mayweather and DJ Khaled Sued for Involvement in Centra ICO Scam

According to TMZ, world-renowned boxing champion Floyd Mayweather and famed record producer DJ Khaled are dealing with the fallout of a class action lawsuit due to their involvement with Centra Tech’s CTR token, a crypto asset the suit claims is a scam that cost investors millions of dollars.