Class-action lawsuit filed against startup CentraCentra, a startup that raised $ 30 million in ICOs this year and recruited celebrities to participate in its advertising campaign, is facing a class-action lawsuit.

Class action filed against startup Centra

Class-lawsuit filed against Centra, a startup that raised $ 30 million through ICOs this year and recruited celebrities to participate in its campaign.

According to Fortune, plaintiff Jacob Zooey Thomas Rensel claims that the founders of Centra made several false statements and were selling unregistered valuable papers, and demands to return the money to him and other investors.

The organizers of ICO Centra claimed that they intend to issue a debit card that will allow payments in cryptocurrencies in all places where they accept cards issued by the payment giant Visa, with which they allegedly entered into an agreement.

At the end of October The new York times wrote that there is no agreement between Centra and Visa or Mastercard. Besides, it turns out that the founders of Centra have no experience of running a cryptocurrency business or bank cards. Some of them were previously accused of fraud and were repeatedly detained for drunk driving, and some of the persons presented as members of the project team turned out to be fictional.

Among others, the famous boxer Floyd Mayweather took part in the promotion of ICO Centra. Although the organizers of the project stated that they were working with him on an ongoing basis, a Mayweather spokesman said that it was a one-time deal..

Photo: Lisa S.

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