Express

Actor Steven Seagal Has Settled 'Bitcoiin' ICO Endorsement Disclosure Charges With SEC

Ramsey Baker

Summary: Former action movie star Steven Seagal has settled charges with the U.S. Securities and Exchange Commission (SEC), over allegedly failing to disclose payments he received in connection with an initial coin offering (ICO). Seagal notably promoted a cryptocurrency called Bitcoiin (B2G) in early 2018. Bitcoiin's backers were promised "considerable profit from holding Bitcoiin (B2G)" in ...

Former action movie star Steven Seagal has settled charges with the U.S. Securities and Exchange Commission (SEC), over allegedly failing to disclose payments he received in connection with an initial coin offering (ICO).

Seagal notably promoted a cryptocurrency called Bitcoiin (B2G) in early 2018. Bitcoiin's backers were promised "considerable profit from holding Bitcoiin (B2G)" in relation with a staking scheme. Seagal's role as a promoter was said to end once the ICO was complete.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: Actor Steven Seagal Has Settled 'Bitcoiin' ICO Endorsement Disclosure Charges With SEC   [Copy]
Next:

Related Articles

  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 20 hours ago
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 4 days ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 8 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 9 days ago

    • You need to login to comment.