Red Pulse Meetup to be Held in Seoul on Feb 10

Red Pulse CEO will hold a meetup for Korean community in Seoul on Feb 10 from 15.00 to 17.00 KST
10 February 2018   415

Red Pulse is an event-driven research firm covering market events impacting Chinese companies, sectors and the overall economy, delivering the information in real-time via web portal, iOS app, email and partner distribution platforms, giving analysts, investors, traders and advisers the edge they need to make better informed decisions.

Red Pulse has announced that it will host its 3rd event crucial for the Korean community, holding a meetup in Seoul on Feb 10 from 15.00 to 17.00 KST.

Red Pulse Meetup Location in Seoul Exact Meetup Location in Seoul

Meetup Location: Seoul, Gangnam-gu, Bongeunsa-ro 16 Road 17 Moo-Hyunbu (behind the Novotel Ambassador).

The community members will be able to talk to CEO of Red Pulse and the Korean Community and Marketing Manager, get more information regarding the vision and development of Red Pulse, and receive RPX T-shirts.

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

Average price: $0,204667
Marketcap: $111 205 507
24h volume: $2 966 190

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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   56

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.