Two Miami-based founders behind the controversial cryptocurrency startup Centra are facing federal criminal and civil charges related to the company's $32 million initial coin offering (ICO) in September.
Criminal authorities charged and arrested Sam Sharma and Robert Farkas on Sunday, accusing them of orchestrating a fraudulent ICO, the US Attorney’s Office for the Southern District of New York announced Monday. Additionally, the Securities and Exchange Commission announced civil fraud charges against the pair in a related action.!
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