RATE Group | DJ khaled and Floyd Mayweather promoted multi-million dollar Centra Tech cryptocurrency …
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DJ khaled and Floyd Mayweather promoted multi-million dollar Centra Tech cryptocurrency …

23 Oct DJ khaled and Floyd Mayweather promoted multi-million dollar Centra Tech cryptocurrency …

Posted at 12:19h in Cryptocurrency News by

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BOXER Floyd Mayweather and record producer DJ Khaled have reportedly been hit with a lawsuit for promoting a suspected cryptocurrency scam.

According to website TMZ, the lawsuit claims the celebrities’ endorsements of a firm called Centra Tech on Twitter and Instagram resulted in fans ultimately losing millions of pounds.

Floyd Mayweather promoted a crypto company that is thought to have been a scam

Reuters

Floyd Mayweather promoted a crypto company that is thought to have been a scam

Mr Mayweather promoted the project on Twitter and Instagram, telling his nearly 8million followers on Twitter in September 2017: “Centra’s ICO starts in a few hours. Get yours before they sell out, I got mine.”

Meanwhile, Mr Khaled reportedly called the company and its products a “game changer” to his over 12million Instagram followers.

The post has since been deleted.

Centra Tech co-founders, Sohrab “Sam” Sharma and Robert Farkas, were charged by the American investment watchdog in April this year with setting up a fraudulent initial coin offering (ICO).

DJ Khaled also reportedly promoted the dodgy company on his Instagram

Getty – Contributor

DJ…

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