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Centra ICO noted for having been promoted by Floyd Mayweather, is now facing a class action lawsuit. , a Miami-based startup that has advertised itself as building a debit-card system for cryptocurrency and drawn endorsements from the boxer Floyd Mayweather, has been hit with a class action over an initial coin offering 

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Initial Coin Offerings are similar to a crowdfund. Blockchain startups offer investors the opportunity to invest in their projects by purchasing a part of their cryptocurrency in advance. In exchange for financing the project, investors receive digital tokens (cryptocurrency) at a very low purchase price. The investors expect the