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Sohrab Sharma
Co-founder of Centra Tech, the 2017 ICO that the SEC says raised over $32M on fabricated partnerships. Pleaded guilty and was sentenced to 8 years in prison.
Also known as: Sam Sharma
Bio
Sohrab "Sam" Sharma co-founded Centra Tech, which ran a 2017 ICO selling the CTR token. The SEC said the offering raised over $32 million by touting nonexistent partnerships with Visa, Mastercard, and Bancorp. [1][2]
Legal outcome
Sharma pleaded guilty to fraud conspiracy charges and was sentenced to 8 years in prison; co-founders Robert Farkas and Raymond Trapani were also convicted. [1][2]
Bracketed numbers refer to the numbered sources listed below.
Linked scams & cases
Sources (2)
See also
- Bitcoin Latinum (LTNM)TokensA ~$16M token offering (SAFTs for 'Bitcoin Latinum' / LTNM) that the SEC charged in 2026 as fraud: founder Donald Basile falsely called LTNM 'the world's first insured digital asset' backed by an 'existing trust,' neither of which existed, and diverted investor funds for personal use (including a $160,000 horse).
- Loci (LOCIcoin)TokensA 2017–2018 ICO for 'LOCIcoin' tied to the InnVenn IP-search platform. The SEC charged Loci and CEO John Wise with fraud for raising $7.6M on false claims about revenue, headcount, and user base; Wise also misused investor funds. Settled with a $7.6M penalty and an officer/director bar.
- Blockchain Terminal (BCT)Tokens
This page was last updated on Jun 8, 2026. View revision history.