Mayweather Being Sued Over Alleged ******currency Scam

[FlatLine]

https://hiphopdx.com/news/id.48886/title.dj-khaled-floyd-mayweather-reportedly-sued-for-alleged-******currency-scam#

DJ Khaled and celebrated Khan-ducker Floyd Mayweather are reportedly being sued for their involvement in an alleged ******currency scam.

According to TMZ Sports, Khaled and Mayweather are being accused of participating in an illegal ******currency scam that cost investors millions of dollars. Centra Tech — the company at the center of the alleged scam — recruited both celebrities to endorse their virtual currency product online.

Securities and Exchange Commission says Centra Tech was operating illegally and mislead investors. They claim several of the executives named on the company’s website don’t even exist.

Court documents say Centra Tech raised $32 million in backing during the initial coin offering in 2017, partly due to the celebrity endorsements.

The founders of the company were arrested in April and face several charges such as securities fraud, wire fraud and conspiracy charges.

The investors are reportedly suing the company founders and celebrities who endorsed it — including Khaled and Mayweather — for fraud. They want millions of dollars back plus damages.

Over the past year, the value of the coin has dipped from $1 per coin in February to $0.02 in April.

Spending *******s ethereum and other types of ******currency in Beverly Hill https://t.co/q9VZ3MzpK8 pic.twitter.com/BYyOFUnm8W

— Floyd Mayweather (@FloydMayweather) September 15, 2017

[GorillaDog]

Fraud and his good investments, first into TMT and his failed strip clubs and now this. No wonder he still needs to fight. Kind of sad Fraud is my favorite boxer but be making himself to be a clown since he retired.

lol never understood the worship of celebrities. Jumping on a bandwagon bc a celebrity supports it. Reminds of me when Hillary was getting celebrities to support her.

[Eff Pandas]

Lol man that sh^t was looking sketchy from day 1. It was beyond buyer beware.

Idk how this is Floyd's or DJ Khaled's fault doe. It'd be like suing Michael Jackson back in the day after Pepsi poisoned you. That sh^t woulda been about Pepsi not Michael Jackson.

[Illmatic94]

Fxck it let's start suing celebs that do beer commercials too.

[Golden Boi 360]

I remember there was a time people were obsessed with ******currency. Did it die down or what?

[pillowfists98]

Can you sue a celebrity for endorsing a scam? How does that work?

[GhostofDempsey]

Can’t really see Floyd being held liable. Unless he was heavily invested as a partner.

[Curt Henning]

floyd retired and yet hes still dominating the 1st page with threads about him....yet hes "seeking attention" according to some...lol...everyone is giving it to him

[Outwest Exp 355]

Fraud and his good investments, first into TMT and his failed strip clubs and now this. No wonder he still needs to fight. Kind of sad Fraud is my favorite boxer but be making himself to be a clown since he retired.

lol never understood the worship of celebrities. Jumping on a bandwagon bc a celebrity supports it. Reminds of me when Hillary was getting celebrities to support her.

You’ve obviously never been to the Girl Collection. By far my favorite club in Las Vegas or Nevada for that matter.

[GorillaDog]

You’ve obviously never been to the Girl Collection. By far my favorite club in Las Vegas or Nevada for that matter.

I wouldnt step anywhere near a strip club in the first place bc its a dirty place for betas. Only betas would pay money to have a girl dance in front of them. I like girls with class.