On Monday afternoon, news broke that the co-founders of Centra Token had been arrested. The co-founders of the Centra initial coin offering were just arrested and the project is being taken down by the Securities and Exchange Commission. According to their website, Centra is a "Prepaid Card to spend the digital assets." Touting potential competition with the likes of VISA and Mastercard, the ******currency had been backed by former five division world champion Floyd Mayweather and musician DJ Khaled.
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