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.