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Floyd Mayweather and DJ Khaled Escape Lawsuit Brought by Defrauded ICO Investors

Published 05/14/2019, 02:06 PM
Updated 05/14/2019, 02:22 PM
Floyd Mayweather and DJ Khaled Escape Lawsuit Brought by Defrauded ICO Investors

High-profile boxer Floyd Mayweather and music producer DJ Khaled have been dismissed from a lawsuit brought by investors in a fraudulent initial coin offering (ICO,) according to a court document filed on May 13.

The celebrities had been involved in promoting Centra Tech’s ICO — but a judge has ruled that the investors who brought the legal action failed to prove they bought tokens as a direct result of the pair’s actions.

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