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