A good move but sadly a bad one for the token holders .I hope the SEC recovers the money from them and distributes it back to the investors as stated in the article.Hopefully this makes the frauds think twice before starting a ICO.
To me these are good news, too many times people have been scammed and scammers have gotten away with it, it is time that the people that defraud investors face jail time and if possible if some of that money could be given back to the investors that believed in the project, it's unfortunate because no matter what happens those that invested will probably lose most of their money since the token is crashing very badly.
I remember when centra CEO has shown off his new bentley that he has been bought used the reserved funds that raised from the crowdsale.
I guess at the start the majority of developers in centra are incompetence because they can't even create such a good and smooth site for the crowdsale.
I guess there is a lot of people move away to another project when centra token reach its ATH.