SEC fines Floyd Mayweather and DJ Khaled $750K for cryptocurrency shilling14.73

The US Securities and Exchange Commission (SEC) has settled charges against boxing icon Floyd Mayweather and music producer DJ Khaled for failing to disclose payments they received for promoting now-defunct cryptocurrency firm CentraTech to millions of followers on social media. While DJ Khaled received a payment of $50,000 to shill the failed initial coin offering (ICO), Mayweather pocketed $100,...

Original source

Add comment

Please Sign in to be able to leave comments.