BREAKING: SEC charges boxer Floyd Mayweather Jr., music producer DJ Khaled over initial coin offerings; says it charges them with failing to disclose payments they received for promoting investments in ICOs
Floyd Mayweather and DJ Khaled were fined by the SEC for not disclosing that they were paid to promote the virtual currency Centra. The founders of Centra were arrested and charged with defrauding investors.
DJ Khaled, Floyd Mayweather charged with cryptocurrency fraud:
DJ Khaled, Floyd Mayweather Jr. charged with promoting cryptocurrency without disclosing they were paid. A previous tweet incorrectly stated the charges against Khaled and Mayweather Jr. It has been removed.
Floyd Mayweather and DJ Khaled hit with hundreds of thousands of dollars in fines for promoting fraudulent cryptocurrency: