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.
We’re not sure how powerful a punch Chinese billionaire Shi Jianxiang (in Chinese: 施健祥) can throw, but he’s threatening to go head to head with former heavyweight champion Mike Tyson—well, at the very least in a courtroom. That’s because the bout between Iron Mike and Shi’s sports-related blockchain project Fight To Fame (in Chinese: 一战成名) is heating up on the pages of Modern Consensus.
Former boxing champion Mike Tyson is embroiled in a dispute with Fight to Fame, a blockchain startup which has been very publicly claiming that he not only endorsed the company and its planned “Tyson Token” cryptocurrency, but that he is a co-founder and active member of the company. The company has said it plans to host a series of fights around the world, selecting the most popular fighters for a reality TV show and then Hollywood action movies. Tokens would be used by fans to vote for and bet on their favorite fighters, as well as support other projects.
Mike Tyson’s wife—who is also his manager—told Modern Consensus that the former champion has never been involved with Fight to Fame. The company claims to be building a cross-media entertainment platform that would combine blockchain technology with live fights, movies, TV, and social media to give fighters more money and control of their careers.