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Floyd Mayweather, Jr. and DJ Khaled Settle Charges with SEC Regarding ICO Promotions

Boxer Floyd Mayweather, Jr. and DJ Khaled Settle Charges with SEC Regarding ICO Promotions | Crowdfund Insider

The Securities and Exchange Commission (SEC) has settled charges against two high-profile initial coin offering (ICO) promoters. Music producer DJ Khaled and boxer Floyd Mayweather Jr. were cited for failing to disclose they were remunerated for promoting ICOs via their social media channels. The SEC issued a warning regarding paid promotion for ICOs in 2017.