RATE Group | Floyd Mayweather, DJ Khaled charged with unlawful ICO spruiking
50880
post-template-default,single,single-post,postid-50880,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Floyd Mayweather, DJ Khaled charged with unlawful ICO spruiking

29 Nov Floyd Mayweather, DJ Khaled charged with unlawful ICO spruiking

Posted at 23:32h in Cryptocurrency News by

[ad_1]

Boxer Floyd Mayweather Jr. and music producer DJ Khaled have been hit with fines totalling more than $1 million for unlawfully spruiking dodgy cryptocurrencies.

The Securities and Exchange Commission announced Thursday it had settled charges against the pair for failing to disclose payments they received for promoting so-called “initial coin offerings” last year.

“Centra’s ICO starts in a few hours,” Mayweather wrote to his nearly eight million Twitter followers in September. “Get yours before they sell out, I got mine.”

A post on his Instagram account, where he has 21 million followers, predicted he would make a large amount of money on another ICO. Another post to Twitter said, “You can call me Floyd Crypto Mayweather from now on.”

[ad_2]

Source link

Tags:
, , , , , , ,