The Ray Trapani case centers around the fraudulent cryptocurrency startup Centra Tech, which he co-founded alongside Sohrab Sharma and Robert Farkas. In 2017, the trio launched a fake ICO (Initial Coin Offering), ultimately scamming investors out of over $25 million. Their scheme gained credibility after being promoted by celebrities like Floyd Mayweather and DJ Khaled, both of whom were later fined by the SEC.

source

Corruption Buzz

Recent Posts

Editorial: When a housing commission goes rogue, someone should be able to intervene – Post and Courier

Editorial: When a housing commission goes rogue, someone should be able to intervene  Post and Courier…

53 minutes ago

University official must pay back R18m after taking student housing bribes – GroundUp

University official must pay back R18m after taking student housing bribes  GroundUp Source link

8 hours ago

Minister takes notice of Rs6bn corruption in housing project – The News Pakistan

Minister takes notice of Rs6bn corruption in housing project  The News Pakistan Source link

9 hours ago

Access Denied

Access Denied You don't have permission to access "http://www.war.gov/News/News-Stories/Article/Article/4581463/hegseth-greets-troops-at-stratcom-talks-arsenal-of-freedom-in-wisconsin/" on this server. Reference #18.6601d817.1787616847.4c4f3f05 https://errors.edgesuite.net/18.6601d817.1787616847.4c4f3f05…

10 hours ago

United States Implements Operation Economic Outcast with Sanctions Targeting Iran’s Military Activities and Procurements, and Petroleum and Petrochemical Product Traders

HomeOffice of the SpokespersonPress Releases…United States Implements Operation Economic Outcast with Sanctions Targeting Iran’s Military…

11 hours ago

United States Implements Operation Economic Outcast with Sanctions Targeting Iran’s Military Activities and Procurements, and Petroleum and Petrochemical Product Traders

HomeOffice of the SpokespersonPress Releases…United States Implements Operation Economic Outcast with Sanctions Targeting Iran’s Military…

12 hours ago