Hey!Binance delists a crypto after its founder were slapped with a charge of $ 32M by SEC
A Delaware corporation Centra Tech which is headquarted in Miami beach , Florida .
It offers blockchain products such as wallet to store digital asset, prepaid
card to spend the digital asset, etc.
Sam sharma and
Robert Farkas are the co-founders of centra tech which is responsible for CTR
token. The two have been charged for running a scam in the disguise of an
initial coin offerings (ICO) by Security and Exchange Commission (SEC) in the united states .
Hence gets delisted from binance.
SEC stated that
the two were offering and selling ICO without being registered. And this was
used to raise in excess of $32 million.
After they were
charged by SEC various crypto currency exchages around the globe including
binance started delisting CTR coin from their platform. Call Binance phone number at
1800-509-3075
The statement
about this decision of binance came through their website. The statement said “after proactively reaching out to centra
tech team to address our concerns and conducting thorough reviews of our
findings, we have decided to delist the CTR token and the CTR/BTC, CTR/ETH
trading pairs from the binance exchange. We will delist the CTR token on
2018/04/08 at 05:00(UTC). Withdrawals of CTR tokens from binance will continue
to be supported until 02:00 (UTC) on 2018/05/05.”
With this the
exchanges that are still offering CTR token are reporting close to zero volume.
Although centra
token was trying to keep up with the competition by realising their own crypto wallet,
though it was a beta version.
Apart from this
delisting binance customers were facing various issues regarding login error
for which binance came out and apologized and fixed the problem. And gave an
official tweet by saying “login issue is
now resolved. If you repeatedly attempted to log in previously, you may still
experience some issues; please create a support ticket if this is the case.
Thank you for your understanding and support.”
Other than this
their crypto exchange tends to have a bug every time, something that sends the
market into panic even when it is something that is not serious. If Customer
Facing problem Call Binance
Customer Service at 1800-509-3075.
Hence the step
taken by binance to delist crypto after it was charged by SEC for scamming can
be seen a step towards the goodwill of the society. But the question arises
that whether the market is ready for the strongest digital tokens?
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