for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Westlaw News

IN BRIEF: Centra Tech co-founder to plead guilty in fraud case

A co-founder of cryptocurrency start-up Centra Tech Inc, once promoted by boxer Floyd Mayweather, has reached an agreement with federal prosecutors to plead guilty in a case accusing him of helping to defraud investors out of more than $25 million in an initial coin offering.

Sohrab “Sam” Sharma’s lawyer, Gennaro Cariglio, revealed the deal in a filing in Manhattan federal court on Monday. Sharma’s two co-founders, Robert Farkas and Raymond Trapani, previously pleaded guilty to related charges but have not yet been sentenced.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/32ffR5J

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up