Floyd Mayweather and DJ Khaled charged over ICOs

Floyd Mayweather, DJ Khaled settle with SEC over ICOs

Floyd Mayweather and DJ Khaled on Thursday settled civil charges from the Securities and Exchange Commission, which accused the celebrities of failing to disclose payments they received for promoting initial coin offerings. Mr Mayweather, the undefeated boxing champion, allegedly received hundreds of thousands of dollars from three ICO issuers that he failed to disclose, including a company called Centra Tech.