raymondtrapani
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SEC charges third 'mastermind' in ICO fraud case
The SEC is clearly determined to crack down on everyone involved in Centra Tech's allegedly fraudulent initial coin offering. Officials have filed fraud charges against a third "mastermind" in the case, Raymond Trapani, for reportedly helping to whip up false claims about the $32 million ICO and manipulate trading to keep the offering's price up. As evidence, the SEC trotted out a group text message where Trapani reportedly told Centra's Sohrab Sharma to "cook me up" a fake document while trying to get the company's tokens listed on an exchange using bogus credentials.
