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Floyd Mayweather, DJ Khaled charged for unlawful cryptocurrency promotions

SEC charges Floyd Mayweather, DJ Khaled over ICO spruiking

Boxer Floyd Mayweather Jr. and music producer DJ Khaled have been hit with fines totalling more than $1 million for unlawfully spruiking dodgy cryptocurrencies. The Securities and Exchange Commission announced Thursday it had settled charges against the pair for failing to disclose payments they received for promoting so-called “initial coin offerings” last year.