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SEC Charges Floyd Mayweather and DJ Khaled for Unlawfully Promoting Fraudulent ICO

Discussion in 'General Discussion' started by Arpit, Nov 30, 2018.

  1. Arpit

    Arpit Moderator Premium Member

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    In a press release today, professional boxer Floyd Mayweather and music artist DJ Khaled were charged by the SEC for failing to disclose payments received for promoting an allegedly fraudulent ICO. These are the first cases of the SEC penalizing individuals whose only involvement was promoting ICOs.

    The celebrity boxer Floyd Mayweather Jr. and renowned music artist Khaled Khaled (DJ Khaled) were both penalized for failing to disclose promotional payments endorsing ICOs. Both celebrities boasted on social media that these were “game changing” investments.

    Source
     
  2. MAGA

    MAGA Master of Crypto Staff Member Super Admin Premium Member

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    Deserved it to be honest, the coins they backed were trash and they only did it for the money.
     
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  3. MoonWalk

    MoonWalk Scholar

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    sec is trash lol
     
  4. cryptodude

    cryptodude Master of Crypto Staff Member Super Admin Premium Member

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    Khaled needs to drop that cheeseburger and get on a diet.
     

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