The U.S. Securities and Exchange Commission’s unrelenting crackdown on unregistered initial coin offerings has claimed another victim—this time, an online gaming and gambling platform that attracted a star-studded list of investors.
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Steven Seagal KOed by SEC
The martial arts actor agreed to pay more than $300,000 to settle Securities and Exchange Commission charges over his endorsement of a 2018 ICO
Seagal agreed to a $314,000 fine for failing to disclose that he had been promised $1 million in cash and cryptocurrency for promoting Bitcoiin2Gen's initial coin offering.