Ray Trapani, born in 1991, has become a controversial figure due to his involvement in the notorious cryptocurrency scam associated with Centra Tech. Despite his legal troubles, including his role in one of the biggest crypto frauds, Ray has managed to maintain a level of wealth that continues to intrigue the public. As of 2024, his net worth is estimated to be between $1 million and $10 million, with reports suggesting hidden assets possibly pushing it closer to the higher end of this range(
Trapani’s path to wealth came largely through fraudulent activities, but his financial standing remains a subject of speculation, especially after he was required to pay nearly $3 million in fines as part of his legal proceedings. This blog will dive deeper into Ray Trapani’s life, family, career, and more.
Details About Ray Trapani
Ray Trapani is known for co-founding Centra Tech, a company that claimed to provide debit cards for cryptocurrency users. The company raised millions before its fraudulent foundation was exposed. Trapani’s involvement in the scheme has led to his portrayal in Netflix’s documentary Bitconned. Before his legal troubles, Trapani worked in various ventures, including as the CEO of Miami Exotics, a luxury car rental company.
Ray Trapani Net Worth Breakdown
| Income Source | Amount (Estimated) |
| Centra Tech Earnings | $32 million raised |
| Legal Fines | $2.9 million repaid |
| Hidden Assets | $1 – $10 million |
Ray Trapani Biography / Wiki
Ray Trapani’s early life remains somewhat mysterious, though it is known that he was born in Atlantic Beach, New York, in 1991. He attended Lawrence High School, where he befriended his future business partners. His entrepreneurial efforts began with Miami Exotics, but his most notorious venture came through Centra Tech(
| Attribute | Details |
| Ray Trapani Full Name | Ray Trapani |
| Ray Trapani Birth Year | 1991 |
| Ray Trapani Age | 33 (as of 2024) |
| Ray Trapani Birthplace | Atlantic Beach, NY |
| Ray Trapani Nationality | American |
| Ray Trapani Occupation | Businessman (former COO) |
| Ray Trapani Marital Status | Married to Kimberly Marie Costanzo |
| Ray Trapani Children | 1 son |
| Ray Trapani Net Worth | $1 – $10 million |
Ray Trapani Physical Appearances
Although there are limited details available on Ray Trapani’s exact physical appearance, some accounts provide general information.
| Attribute | Details |
| Height | Approximately 6 feet |
| Weight | Around 180 lbs |
| Eye Color | Brown |
| Hair Color | Brown |
Ray Trapani Family
Ray Trapani’s family life has gained attention, especially following his marriage to Kimberly Marie Costanzo. The couple met while Trapani was awaiting sentencing for the Centra Tech case. They now have a son who was born on the same day Trapani was sentenced in court(
Family Table
| Family Member | Details |
| Wife | Kimberly Marie Costanzo |
| Son | 1 (name not disclosed) |
| Parents | Not publicly known |
Ray Trapani Career
Ray Trapani’s career began with Miami Exotics, a luxury car rental business. However, his rise to fame—and infamy—came with Centra Tech, which he co-founded with Sam Sharma and Robert Farkas in 2016. The company promised revolutionary cryptocurrency debit cards, raising over $32 million through an initial coin offering (ICO). Unfortunately, the entire business was built on fraudulent claims, leading to legal charges of securities and wire fraud(
Trapani avoided substantial prison time by cooperating with authorities, but his financial activities remain a point of public interest. As of 2024, Trapani has expressed intentions to start a new venture, though this claim has been met with skepticism(
Ray Trapani Favorite Things
Although specific details about Ray Trapani’s personal preferences are sparse, here is a brief look at his known interests.
| Category | Details |
| Hobbies | Luxury cars, social media |
| Favorite Sport | Not publicly known |
| Favorite Music | Hip-hop (due to connections with rapper Tekashi 6ix9ine) |
| Favorite Food | Not publicly known |
Ray Trapani Social Media Accounts
Despite his controversies, Ray Trapani maintains a presence on social media, where he has fielded questions about his portrayal in Bitconned. His activity is limited, but he remains somewhat engaged with followers(
| Platform | Username |
| Twitter/X | @raytrapani |
| @raytrapani |
Other Details About Ray Trapani
Ray Trapani has expressed remorse over his involvement in the Centra Tech scandal and claims he wants to focus on being a better father and husband. His personal life has seen a resurgence, particularly with his marriage and fatherhood, though his financial activities continue to draw attention(
Ray Trapani Appearance
Trapani’s appearance in the Netflix documentary Bitconned brought renewed attention to his story. He has maintained a relatively low profile since the airing of the documentary, though he occasionally interacts with followers on social media. Trapani’s ability to stay out of jail and secure a new business venture has raised questions about his financial standing(
Frequently Asked Questions (FAQs) About Ray Trapani
What is Ray Trapani’s net worth?
Ray Trapani’s net worth is estimated to be between $1 and $10 million, with some speculation of hidden assets.
How did Ray Trapani earn his money?
Trapani earned most of his wealth through Centra Tech, a cryptocurrency company that was later revealed to be fraudulent.
Is Ray Trapani married?
Yes, Ray Trapani is married to Kimberly Marie Costanzo, and they have one son.
What is Ray Trapani doing now?
After his involvement in the Centra Tech scandal, Trapani has hinted at launching a new business, but details are scarce. He also appeared in the Netflix documentary Bitconned.
What is Centra Tech?
Centra Tech was a cryptocurrency startup co-founded by Ray Trapani that promised debit cards for digital currency users. It was later exposed as a scam.
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Ray Trapani remains a controversial figure in the world of cryptocurrency, balancing his personal life with the aftermath of his criminal activities. With a net worth speculated to be anywhere between $1 and $10 million, Trapani’s financial status is as elusive as ever. His story serves as a cautionary tale about the potential consequences of fraudulent ventures, but also highlights how some individuals manage to avoid long-term repercussions(