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A promoter of the cryptocurrency scheme previously touted by famous martial artist and actor Steven Seagal has pleaded guilty for his participation. The scheme falsely claimed that it “could generate an 8,000% return for investors within one year.” Crypto Scheme Promoter Pleads Guilty The U.S. Department of Justice (DOJ) announced Friday that John DeMarr, 55, … Read more
Three people have been charged in the U.S. over two cryptocurrency scams, one of which was promoted by famous Hollywood actor Steven Seagal. The main promoter of the schemes has already been arrested and is facing criminal charges. Seagal previously settled the charges against him relating to the scheme. The U.S. Securities and Exchange Commission … Read more
The SEC has charged three individuals for defrauding investors out of millions through the Steven Seagal-backed Bitcoiin2Gen ICO. Go to Source Powered by WPeMatico
Plenty of celebrities have openly endorsed initial coin offering in 2016 and 2017. It was a matter of time until that type of behavior would have negative repercussions. Steven Seagal is one of the multiple celebrities paid to promote an ICO. Steven Seagal Pays a Hefty Price At the time, there was no pressure by … Read more
The U.S. Securities and Exchange Commission (SEC) has charged actor Steven Seagal for unlawfully promoting a cryptocurrency investment scheme claiming to be “the next generation of bitcoin.” Seagal failed to disclose that he was being compensated in cash and crypto by Bitcoiin2gen, or B2G, for marketing its token offering, such as on Twitter and Facebook. … Read more
