WASHINGTON - Steven Seagal, the star of action movies including “Above the Law” and “Out for Justice,” has agreed to pay $314,000 to resolve charges of “unlawfully touting” a cryptocurrency offering, the U.S. securities regulator said on Thursday.
Seagal, 67, agreed to give up $157,000 in ill-gotten gains and to pay another $157,000 as a penalty for failing to disclose payments he received for promoting an investment in an initial coin offering from Bitcoiin2Gen , the Securities and Exchange Commission said in a statement. Seagal, who did not admit to any wrongdoing, failed to disclose that he was promised $1 million in cash and B2G tokens in exchange for those endorsements, the SEC said.Seagal, a Hollywood actor and martial arts expert who now lives in Russia, became a “believer” in and “brand ambassador” for the coins, B2G said in a statement in February 2018. From about February to March 2018, Seagal promoted B2G to his Facebook and Twitter followers with statements including “Don’t miss out.
Reuter’s doing the lord’s work right here
Does he think he's Above the Law or something?
This is another that should be facing jail time.
He is a head case.
BarstoolBigCat PFTCommenter oh no
US State Department: Anybody seen Richie? Me: US State Department: I'm gonna keep comin' back until someone remembers seein' Richie. Me: 😂😂😂
kaltchannel
Bravo to whoever wrote this.
Another Russian cheating Americans
Securities fraud was cool when humans were raising bitcoin for the Trump campaign