It appears that even federal fraud charges can’t rattle a cryptocurrency’s true believers.
A week after U.S. authorities arrested two men behind an initial coin offering that raised more than $25 million, their digital token continues to trade.
The Securities and Exchange Commission said April 2 that Sohrab “Sam” Sharma and Robert Farkas persuaded investors to buy into Centra Tech -- which planned to create a virtual currency debit card -- by falsely claiming that it had partnerships with Visa Inc. and Mastercard Inc.
Instead of being relegated to the dustbin of history, their coin lives on in cyberspace. ...