The Miami-based cryptocurrency firm Centra Tech was built on fairy dust and paid celebrity hoo-ha, but co-founder Robert Joseph Farkas is going to be doing real time in a real prison for the $25 million initial coin offering (ICO) rip-off. An ICO is an unregulated fundraising technique with a dodgy reputation that’s used by blockchain companies where cyptocurrencies like Bitcoin and Ethereum are used to purchase “tokens” from a startup.

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