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Actor Steven Seagal settles SEC charges over cryptocurrency promotion

Actor Steven Seagal settles SEC charges over cryptocurrency promotion

The Securities and Exchange Commission announced Thursday it has settled a case against actor Steven Seagal for not disclosing payments received for promoting a cryptocurrency investment opportunity. According to the SEC, the action film star was promised $1 million in cash and virtual tokens for serving as a brand ambassador for BitCoiin2Gen, posting social media messages urging the public not to miss out on the company’s initial coin offering.




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