Mayweather ICO Founders Knocked Out by SEC for Fraud

The US Securities Exchange Commission’s new Cyber Unit task force has taken down boxing great Floyd Mayweather’s sponsor, Centra Tech, alleging their ICO was based on fraudulent products and made up biographies.
SEC Charges Mayweather Sponsor with Fraud
The SEC announced on Monday that it was charging the founders of Centra Tech with fraud based on claims the company made about their suite of cryptocurrency related products such as e-wallets and major credit card backed prepaid