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SEC Busts Celebrities

The boxer Floyd Mayweather agreed Thursday to pay the SEC $614,775 in penalties and disgorgement, and music producer DJ Khaled (Khaled Khaled) $152,275, for failing to disclose payoffs they received for promoting Initial Coin Offerings.

WASHINGTON — The boxer Floyd Mayweather agreed Thursday to pay the SEC $614,775 in penalties and disgorgement, and music producer DJ Khaled (Khaled Khaled) $152,275, for failing to disclose payoffs they received for promoting Initial Coin Offerings.

Categories: Securities

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