Today we have reported that the collective lawsuit was filed against Centra ICO. The project was accused of violating the US Securities Act, and the organizers of Centra ICO were charged with misleading investors about the company’s relationship with the payment services Visa and Mastercard, as well as in posting false information about its members on its website.
Following the announcement of Centra ICO being a fraud, major cryptocurrency exchanges started publishing notes warning the users of a fraudulent ICO project and delisting CTR tokens. Among the first exchanges which tend to delist the token are Binance, KuCoin and OKeX.
This is a special announcement about the high risk associated with the CTR token in light of the information released earlier today relating to the controversial and fraudulent acts by members associated with the Centra Tech team.
Binance stated that it will monitor the situation closely, and most probably take further actions including delisting, promising to inform the users about its intentions in a 72 hours notice.
KuCoin reported that it has subsequently conducted market research and analysis of the negative impact of the CTR project, and made a decision to delist Centra (CTR) tokens. CTR trading pairs closing date will be at 15:00:00 (UTC+8) on April 04, 2018, and CTR withdrawal function will remain open for some time.
OKeX has joined the above mentioned crypto exchanges and decided to close all Centratrading pairs starting from 15:10, April 3, 2018 Hong Kong Time. All pending orders of the trading pairs will be cancelled, but the withdrawal service of CTR will still be available until further notice.