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Centra (cryptocurrency)

Centra (cryptocurrency)

Centra is a company which advertised itself as a blockchain-based credit card and payment system.

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Edits on 7 Oct 2019
Jude Gomila
Jude Gomila approved a suggestion from Golden's AI on 7 Oct 2019 11:19 pm
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Article

The ICO for Centra raised $32 million from investors and claimed to have 'big-name partnerships and celebrity endorsements'. At the time of their ICO Centra stated on their website they were creating “the world’s first multi-blockchain debit card and smart and insured wallet”, and their company would link each users cryptocurrency wallet to debit and credit cards to provide insurance covered for their stored assets by having partnership agreements with both Mastercard and Visa. The company also claimed their cryptocurrency wallet was compatible with 5 major cryptocurrencies which included BitcoinBitcoin, Ethereum, and Litecoin. 

Edits on 5 Oct 2019
Dawson Sewell
Dawson Sewell edited on 5 Oct 2019 6:51 pm
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Centra (cryptocurrency)

Centra is a company which advertised itself as a blockchain-based credit card and payment system. The founders of Centra have been arrested by authorities in the United States and indicted on charges of securities fraud.

Article

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency.

Controversy

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency. On April 20, 2018 the founder of Centra, Raymon Trapni, Sohrab Sharma, and Robert Farkas, were arrested and charged by the US Department of Justice's (DOJ) for securities and wire fraud after the completion of Centra's fraudulent initial coin offering (ICO). The arrests and charges were the result of the founders claiming the Centra debit card was backed by Visa and Mastercard, and would allow users to convert cryptocurrencies into fiat currencies. This partnership claim turned out to be false according the the US Securities and Exchange Commission. 



The ICO for Centra raised $32 million from investors and claimed to have 'big-name partnerships and celebrity endorsements'. At the time of their ICO Centra stated on their website they were creating “the world’s first multi-blockchain debit card and smart and insured wallet”, and their company would link each users cryptocurrency wallet to debit and credit cards to provide insurance covered for their stored assets by having partnership agreements with both Mastercard and Visa. The company also claimed their cryptocurrency wallet was compatible with 5 major cryptocurrencies which included Bitcoin, Ethereum, and Litecoin. 

Edits on 30 Jan 2019
Golden AI
Golden AI edited on 30 Jan 2019 2:15 am
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Infobox

Edits on 30 Nov 2018
Carla Faraguna
Carla Faraguna edited on 30 Nov 2018 6:04 pm
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Further reading

Title
Author
Link
Type

DJ Khaled, Floyd Mayweather Jr. charged with cryptocurrency fraud

Ahiza Garcia, CNN Business

Web

Categories

Edits on 24 Nov 2018
Form Icin
Form Icin approved a suggestion from Golden's AI on 24 Nov 2018 11:56 pm
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Infobox (-11 properties)
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Article

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency. On April 20, 2018 the founder of Centra, Raymon Trapni, Sohrab Sharma, and Robert Farkas, were arrested and charged by the US Department of Justice's (DOJ) for securities and wire fraud after the completion of Centra's fraudulent initial coin offering (ICO). The arrests and charges were the result of the founders claiming the Centra debit card was backed by Visa and MastercardMastercard, and would allow users to convert cryptocurrencies into fiat currencies. This partnership claim turned out to be false according the the US Securities and Exchange Commission. 

Edits on 21 Nov 2018
Dawson Sewell
Dawson Sewell edited on 21 Nov 2018 5:25 pm
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Article

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency. The founders of Centra have been arrested by authorities in the United States and indicted on charges of securities fraud.

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency. On April 20, 2018 the founder of Centra, Raymon Trapni, Sohrab Sharma, and Robert Farkas, were arrested and charged by the US Department of Justice's (DOJ) for securities and wire fraud after the completion of Centra's fraudulent initial coin offering (ICO). The arrests and charges were the result of the founders claiming the Centra debit card was backed by Visa and Mastercard, and would allow users to convert cryptocurrencies into fiat currencies. This partnership claim turned out to be false according the the US Securities and Exchange Commission. 

People

Name
Role
Related Golden topics

Allan Shutt





Chase Zimmerman





Martin Pekjov





Michael Hadzipanajotis





Raymond Trapani

Co-Founder



Robert Farkas





Sohrab Sharma

Co-Founder



Steven Sykes























Further reading

Title
Author
Link
Type

Centra – Cryptocurrency Coin Card & Wallet ICO CTR Token Sale?

Bitcoin Exchange Guide

Web

Centra White Paper

Centra Team

Academic

Federal2 complaintFounders filedof by$32 theMillion SECCentra inVirtual districtCurrency courtProject Are Arrested

Nathaniel Popper

News

Documentaries, videos and podcasts

Title
Date
Link

Centra Tech | Wallet and Card Update

OctAugust 2129, 2017

Update 04.03.2018: We Called it! CENTRA was a Scam!



Edits on 17 Aug 2018
Golden AI"Update infobox attributes"
Golden AI edited on 17 Aug 2018 12:17 am
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Edits on 15 Aug 2018
Golden AI"Update infobox attributes"
Golden AI edited on 15 Aug 2018 9:59 pm
Edits on 7 Aug 2018
Golden AI"Linkify text links in standard tables"
Golden AI edited on 7 Aug 2018 6:55 pm
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Further reading

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Title
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Bitcoin Exchange Guide

Centra – Cryptocurrency Coin Card & Wallet ICO CTR Token Sale?



Centra Team

Centra White Paper



Documentaries, videos and podcasts

Title
Date
Link

Centra Tech | Wallet and Card Update

Oct 21, 2017

Edits on 17 May 2018
Michael Mangus"be more precise"
Michael Mangus edited on 17 May 2018 6:35 pm
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Federal criminal complaint filed by the SEC in southern New York district court

Michael Mangus
Michael Mangus edited on 17 May 2018 6:34 pm
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Federal criminal complaint filed by the SEC in southern New York district court

Alex Dean"Updating to reflect that these features seem unlikely to ever be built in light of the criminal charges against the founders."
Alex Dean edited on 17 May 2018 6:19 pm
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Centra (cryptocurrency)

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency.

Centra is a company which advertised itself as a blockchain-based credit card and payment system. The founders of Centra have been arrested by authorities in the United States and indicted on charges of securities fraud.

Article

Its core products includes:

  • Centra Card - prepaid card
  • Centra Wallet - multi-blockchain wallet system
  • Centrachain - open-source blockchain network with DPoS consensus
  • Centra Market - marketplace for over 100,000 items
  • Centra Network - both a centralized and decentralized exchange platform
  • Centra Merchant Services - designed for corporations and business owners
  • Centra (CTR) Tokens/Coins - main digital currency
  • CCE Module - off-chain multi-blockchain conversion engine
...

Centra is developed by Centra Tech, a Delaware Corporation with headquarters in Miami Beach, Florida.

Edits on 9 May 2018
Tianchang He
Tianchang He edited on 9 May 2018 5:38 pm
Edits made to:
Article (+13/-13 characters)

Article

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency. The founders of Centra have been arrested by authorities in the United StatesUnited States and indicted on charges of securities fraud.

Edits on 5 Apr 2018
Alex Dean
Alex Dean edited on 5 Apr 2018 12:36 am
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Article (+125/-1 characters)

Article

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency. The founders of Centra have been arrested by authorities in the United States and indicted on charges of securities fraud.

Edits on 14 Mar 2018
Jude Gomila
Jude Gomila edited on 14 Mar 2018 6:59 pm
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Edits on 13 Mar 2018
Jude Gomila
Jude Gomila edited on 13 Mar 2018 4:50 pm
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Article

Centra is developed by Centra Tech, a Delaware Corporation with headquarters in Miami Beach, FloridaMiami Beach, Florida.

Edits on 4 Mar 2018
Michael Naval
Michael Naval edited on 4 Mar 2018 1:07 pm
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Article (+444/-444 characters)

Article

Centra Card - prepaid card

Centra Wallet - multi-blockchain wallet system

Centrachain - open-source blockchain network with DPoS consensus

Centra Market - marketplace for over 100,000 items

Centra Network - both a centralized and decentralized exchange platform

Centra Merchant Services - designed for corporations and business owners

Centra (CTR) Tokens/Coins - main digital currency

CCE Module - off-chain multi-blockchain conversion engine

  • Centra Card - prepaid card
  • Centra Wallet - multi-blockchain wallet system
  • Centrachain - open-source blockchain network with DPoS consensus
  • Centra Market - marketplace for over 100,000 items
  • Centra Network - both a centralized and decentralized exchange platform
  • Centra Merchant Services - designed for corporations and business owners
  • Centra (CTR) Tokens/Coins - main digital currency
  • CCE Module - off-chain multi-blockchain conversion engine
Edits on 26 Feb 2018
Michael Naval
Michael Naval edited on 26 Feb 2018 5:46 am
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Further reading (+33/-26 characters)

Further reading

Author
Title
Link



Centra – Cryptocurrency Coin Card & Wallet ICO CTR Token Sale?



Centra White Paper

Edits on 2 Jan 2018
Michael Naval
Michael Naval edited on 2 Jan 2018 3:24 pm
Edits made to:
Description (+107 characters)
Article (-15 characters)
Topic thumbnail

Centra (cryptocurrency)

Centra is a blockchain-based product line solution that aims to create a world connected to cryptocurrency.

Article

Centra is a blockchain-based cryptocurrency product line solution that aims to create a world connected to cryptocurrency.

Michael Naval
Michael Naval edited on 2 Jan 2018 3:16 pm
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Documentaries, videos and podcasts (+1 rows)

Documentaries, videos and podcasts

Title
Date
Link

Centra Tech | Wallet and Card Update

Oct 21, 2017