Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud By Cointelegraph

Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud

Founder of Floyd Mayweather-Promoted ICO to Plead Guilty to Fraud

Robert Farkas is negotiating a plea bargain for his role in the fraudulent Centra Tech initial coin offering (ICO) that commissioned celebrity endorsements from Floyd Mayweather Jr and DJ Khaled.

U.S. District Judge Lorna Schofield has granted Farkas’ attorneys’ request to schedule a plea hearing for next week, with details of the proposed plea yet to be disclosed.

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