Tagged: floyd mayweather

January 27, 2022 @ 8:58 am By Omar Faridi  |  

Criminal investigators at the US Internal Revenue Services (IRS) say that virtual currencies and non-fungible tokens (NFTs) is an industry segment that can be exploited by actors engaging in fraudulent activities. These abusive activities may include actions involving money laundering, market manipulation, and even attempts… Read More

June 13, 2021 @ 9:10 am By Omar Faridi  |  

The topic of banks vs. Fintech firms has been “another hot one as of late,” the team at Fintech Current notes in an update while adding that with court rulings, the questioning of banking execs on Capitol Hill has been ongoing. And, if you have… Read More

May 18, 2019 @ 9:39 am By Cali Haan  |  

A civil case brought by investors against former heavyweight boxing champion Floyd Mayweather and celebrity DJ Khaled alleging they induced their social media followers to buy into a fraudulent ICO (initial coin offering) has been dismissed. Allegations of touting unregistered securities were also dismissed against… Read More

December 14, 2018 @ 9:32 am By Onki Kwan  |  

Recently, the Securities and Exchange Commission (SEC) has been actively pursuing all players in the initial coin offering (ICO) space, including companies that have raised money with ICOs, an exchange, people promoting ICOs, and most recently, an ICO investment fund. The SEC’s recent actions are… Read More

November 29, 2018 @ 6:46 pm By JD Alois  |  

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… Read More

April 20, 2018 @ 2:15 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has released additional fraud charges affiliated with the Centra Tech $32 million initial coin offering (ICO) that raised money in 2017. Ealier this month, the SEC filed a complaint against Centra Tech, Sohrab “Sam” Sharma and Robert Farkas regarding… Read More

April 3, 2018 @ 1:06 pm By JD Alois  |  

So what is it with boxers and bogus initial coin offerings? The Securities and Exchange Commission (SEC) has filed a complaint alleging securities fraud with another ICO. This time it is Centra Tech, the creation of Sohrab “Sam” Sharma and Robert Farkas. The ICO reportedly… Read More

December 15, 2017 @ 10:15 am By JD Alois  |  

Initial Coin Offerings are fat targets for attorneys representing disgruntled investors. Tezos is the most prominent example of an ICO gone bad due to the very public internal infighting, the fact that creators attempted to describe investments as donations and the hundreds of millions of… Read More

November 28, 2017 @ 9:08 am By Anthony Zeoli  |  

If you’ve been under a rock for the last year or so, you might not know that “initial coin offerings” or ICOs are the hottest thing in the financial market today. As if the fact that the overwhelming majority of ICOs aren’t regulated in any… Read More

November 1, 2017 @ 4:27 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is out with a note, and an investor alert, warning celebrities against the “unlawful” promotion of Initial Coin Offerings (ICOs) and other investment opportunities. The SEC is referencing the multiple, prominent endorsements of ICOs by high profile celebrities such… Read More

August 26, 2017 @ 1:39 pm By JD Alois  |  

We all know that Floyd Mayweather stands to make a killing in his fight with the 29 year old mixed martial arts pro Conor McGregor. But will he make a “$hit T$n” of money in this upcoming Initial Coin Offering? The Mayweather – McGregor fight… Read More