KuCoin Trading Competition to Close on Feb 10

KuCoin holds a competition for trading HPB and DAT tokens, and will award the most active traders with Bitcoin after the competition closing date on February 10
10 February 2018   449

KuCoin, a cryptocurrency exchange launched in 2017 and based in Hong Kong, which operates on a crypto-to-crypto basis, is currently holding a competition for trading High Performance Blockchain (HPB) and Datum (DAT) tokens.

As for HPB, the winner of the trading competition will receive 3 BTC + 15,000 HPB. Kucoin will rank traders from 1 to 100 in terms of the total HPB volume traded on their accounts, including both buys & sells, during the competition period.

HPB Activity time:  2018-02-05 17:00:00 ~ 2018-02-10 18:59:59 (UTC+8)

KUcoin Hpb giveawayKuCoin HPB Giveaway

The winner of DAT trading competition gets 1,504,000DAT, and KuCoin will rank traders from 1 to 500 in terms of the total DAT volume traded.

DAT Activity time:  2018-02-03 17:00:00 ~ 2018-02-10 18:59:59 (UTC+8)

KuCoin Datum GiveawayKuCoin Datum Giveaway

At the moment of press, these are main market parameters of the coins:

HPB: Price: $6,18
Marketcap: $137 333 912 
24h volume: $6 723 490

DAT: Price: $0,056929
Marketcap: $45 907 709
24h volume: $5 018 580

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Centra Tech Inc. Co-Founder accused With Fraud by SEC

The US Securities and Exchange Commission (SEC) has charged Centra Tech Inc. co-founder, Raymond Trapani with ICO fraud  
25 April 2018   85

The charge came as the result of the SEC’s investigations into Centra’s controversial $32 million USD initial coin offering (ICO). Mr. Trapani is the third and final Centra co-founder to be accused for taking part in the ICO.

Raymond Trapani, a co-founder of Centra Tech Inc., has been charged by the SEC for his participation in “a fraudulent scheme connected with Centra’s 2017 ICO.” In 2017 Centra made headlines after enlisting celebrity approval from Floyd Mayweather and DJ Khaled. Two other firm`s co-founders, Sohrab “Sam” Sharma and Robert Farkas, were charged by officials earlier this month for their engagement  in the distribution of “CTR Tokens” to investors.

A changed variant of the SEC’s complaint demands that Trapani was the “mastermind of Centra’s fraudulent ICO,” with an SEC press release alleging that “Centra [was] marketed with claims about nonexistent business relationships with major credit card companies, fictional executive bios, and misrepresentations about the viability of the company’s core financial services products.” The SEC accuses Mr. Trapani and Mr. Sharma of “manipulat[ing] trading in the CTR Tokens to generate interest in the company and prop up the price of the tokens.”

We allege that the Centra co-founders went to great lengths to create the false impression that they had developed a viable, cutting-edge technology. 
Robert Cohen, Chief, SEC Enforcement Division’s Cyber Unit

 

The SEC has disclosed a text mail sent to Mr. Farkas and Mr. Trapani from Mr Sharma in what Mr. Sharma said to his colleagues “[w]e gotta get that s[***] removed everywhere and blame freelancers lol.” Mr. Trapani also demanded that Mr. Sharma “cook [him] up” a fraudulent document whilst the company was seeking to get CTR tokens listed on exchanges under misleading pretexts. Mr. Sharma replied to the request with “Don’t text me that s[***] lol. Delete.”

At the same time, the U.S. Attorney’s Office for the Southern District of New York has also looked for criminal accusations against Trapani. The SEC has revealed that text messages  jointly used between Centra’s co-founders discovered the scam purposes of the defendants.