TKO: Floyd Mayweather, DJ Khaled Knocked out by SEC Probe into ICO Promos

Pro boxing champ Floyd Mayweather Jr. and music producer DJ Khaled agreed to pay the Securities and Exchange Commission a combined $767,500 to settle charges of illegally promoting ICOs. These are first cases the SEC has brought violations involving ICO promotion. The SEC noted that using celebrity endorsers was a crucial part of the ICO issuers’ promotional The post TKO: Floyd Mayweather, DJ Khaled Knocked out by SEC Probe into ICO Promos appeared first on CCN

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SEC Charges Third ‘Mastermind’ In Centra Tech ICO Fraud

The U.S. Securities and Exchange Commission (SEC) has announced charges against a third partner in an investigation of Centra Tech Inc.’s $32 million ICO which was promoted by legendary boxer Floyd Mayweather. The SEC earlier this month filed charges against the Centra Tech alleging that its ICO — which raised $32 million— was a fraudulent The post SEC Charges Third ‘Mastermind’ In Centra Tech ICO Fraud appeared first on CCN

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