Celebrity ICO Endorsers Taken to Court over Alleged Crypto Scam

Music producer DJ Khaled and boxing superstar Floyd Mayweather have been hit with a class action lawsuit from investors who claim the celebrities participated in a multi-million dollar cryptocurrency scam, TMZ reports.

The two influential endorsers are in the crosshairs due to their involvement with the Centra Tech initial coin offering (ICO), which they promoted on social media during the run-up to the token sale last year, according to the report.

https://twitter.com/djkhaled/status/913178843355127808

https://twitter.com/FloydMayweather/status/909911035263328256

Investors are looking to claw back their money and claim damages f…

This article appeared first on Cryptovest

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