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DJ Khaled and Floyd Mayweather promoted his 2017 ICO; Now, he faces a 12 months behind bars By Cointelegraph

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DJ Khaled and Floyd Mayweather promoted his 2017 ICO; Now, he faces a 12 months behind bars

A Manhattan courtroom has sentenced the operator of the fraudulent crypto funding agency Centra Tech to a 12 months and a day in jail.

Per a Tuesday announcement from the Division of Justice, Robert Farkas efficiently solicited $25 million in funding throughout the 2017 preliminary coin providing growth. The ICO famously included promotion from boxer Floyd Mayweather and musician DJ Khaled, each of whom obtained in authorized hassle for failing to reveal that they had been paid for his or her participation.