be used on a service offered by the company or traded in the future. Tweet, a representative of Mayweather was not immediately available for comment when contacted by cnbc. "We allege that Centra sold investors on the promise of new digital technologies by using a sophisticated marketing campaign to spin a web of lies about their supposed partnerships with legitimate businesses Stephanie Avakian, co-director of the SEC's Division of Enforcement, said in a statement. "As the complaint alleges, these and other claims were simply false.".
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Visa and, mastercard that allow people to convert cryptocurrency.S. Securities and Exchange Commission (SEC). The SEC clarified in March that it is looking to apply securities laws to cryptocurrency exchanges and wallets. Sharma and Farkas created fake biographies of fictional executives and paid celebrities to tout the ICO on social media, the SEC claimed. The complaint seeks permanent injunctions, return of the allegedly stolen funds plus interest and penalties, as well as bars against the two figures from taking part in any other ICO or securities offering. He posted a picture of himself in September 2017 holding a Centra card.