Founder of cryptocurrency debit card faces new fraud charges for $32 million ICO scheme

TechCrunch
By Taylor HatmakerApr 20, 2018, 5:06 pm309 pts
The U.S. government is following through on its promise to crack down on initial coin offering scams. On Friday, the SEC announced charges against Raymond Trapani, the third co-founder of Centra Tech Inc., which raised $32 million for a cryptocurrency debit card last year through a flashy ICO endorsed by DJ…

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