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Rensel v. Centra Tech, Inc., et al

  1. June 13, 2022

    Centra Tech Investors Nab $33M Default Win In ICO Suit

    A Florida federal judge adopted a magistrate judge's recommendation finding that a class of Centra Tech Inc. investors should be awarded a $33.4 million default judgment win in their suit over an allegedly fraudulent $32 million initial coin offering by the cryptocurrency company.

  2. September 10, 2021

    Centra Tech Investors Score Class Cert. In Suit Over $32M ICO

    A second bid for class certification by a group of Centra Tech Inc. investors was approved Friday by a Florida federal judge after the investors revised the class definition and obtained documents that could easily identify class members.

  3. September 08, 2021

    Centra Tech Investors Again Seek Class Cert. Over $32M ICO

    A group of Centra Tech Inc. investors tried for the second time to get their proposed class certified Wednesday in a suit over a fraudulent $32 million initial coin offering, telling a Florida federal judge that they had revised their class definition and had obtained documents that could easily identify class members.

  4. March 13, 2020

    Ballard Spahr, Mandel Fight Crypto Investors' Sanctions Bid

    Ballard Spahr LLP and Mandel & Mandel LLP objected Friday to a $2 million sanctions bid from investors who sued defunct cryptocurrency company Centra Tech Inc., saying the investors failed to satisfy obligations to confer before filing their motion, and that claims of bad-faith conduct are meritless.

  5. February 13, 2020

    Investors Call Crypto Firm's Defense 'Vexatious Bad Faith'

    Investors in a defunct cryptocurrency company have asked a Florida federal judge to sanction the company, its executive and two separate legal teams the company retained, claiming the defense had been trying to dupe the court throughout pretrial proceedings for the proposed securities class action.

  6. February 04, 2020

    Ex-Crypto Firm Must Pay Damages It Said Were 'Nonsensical'

    A defunct cryptocurrency company accused of holding a fraudulent initial coin offering remains on the hook for nearly $3 million after a Florida federal judge on Monday declined to reconsider the damages sum the company must pay.

  7. January 31, 2020

    Crypto Co. Says Court Miscalculated $3M Award To Investors

    Defunct cryptocurrency company Centra Tech told a Florida federal court Friday that the group of investors suing over Centra's allegedly fraudulent initial coin offering are owed far less than the nearly $3 million the court granted them in a default judgment.

  8. December 05, 2019

    Crypto Investors Seek $2.9M Judgment In ICO Fraud Suit

    A proposed class of Centra Tech investors has pushed a Florida federal court to enter a default judgment of nearly $3 million against the now-defunct cryptocurrency company in a bid to end litigation over Centra's allegedly fraudulent initial coin offering.

  9. November 20, 2019

    Centra Investors Lose 2nd Bid For Cert. In Crypto Fraud Case

    A Florida federal judge denied certification to a proposed class of Centra Tech investors for the second time in a suit over a fraudulent initial coin offering, saying Wednesday that the investors failed to justify allowing a do-over.

  10. November 08, 2019

    Centra Tech Calls Investors' New Class Cert. Bid 'Improper'

    Centra Tech again challenged its investors' renewed attempt at class certification in their suit over a fraudulent initial coin offering, telling a Florida federal court Thursday that the investors sneakily attached nonparty subpoenas to their bid in a "presumptuous act" of "improper discovery."