SEC Charges Third Centra Co-Founder With Fraud

The United States Securities and Exchange Commission (SEC) has announced that Centra Tech Inc. co-founder, Raymond Trapani, has been charged with fraud charges resulting from the SEC’s investigations into Centra’s controversial $32 million USD initial coin offering (ICO). Mr. Trapani is the third and final Centra co-founder to be charged for having a role in the ICO.

Also Read:16 Regulated Crypto Exchanges Unveil Plans to Restore Public Trust in Japan 

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