The U.S. Securities and Exchange Commission revealed previously undisclosed charges against Steven Seagal for withholding information about upwards of $300,000 in promotional payments he made in relation to cryptocurrency.
On Thursday, the SEC announced it had settled charges against the 67-year-old actor for failing to disclose payments he received for promoting an investment in an initial coin offering (Ico) conducted by Bitcoiin2Gen (B2G), according to a press release.
The SEC found that the Above the Law star was promoting the investment on his social media accounts in exchange for $250,000 in cash and $750,000 worth of B2G tokens, all...
On Thursday, the SEC announced it had settled charges against the 67-year-old actor for failing to disclose payments he received for promoting an investment in an initial coin offering (Ico) conducted by Bitcoiin2Gen (B2G), according to a press release.
The SEC found that the Above the Law star was promoting the investment on his social media accounts in exchange for $250,000 in cash and $750,000 worth of B2G tokens, all...
- 2/27/2020
- by Georgia Slater
- PEOPLE.com
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