The U.S. Securities and Exchange Commission (SEC) announced that Stephen Seagal was accused of illegally advertising the ICO Bitcoiin2Gen and fined $ 157 thousand.
The regulator said that taking an active part inThe advertising campaign of the crypto project, the actor did not disclose information about his remuneration for the promotion of digital currency. According to the SEC, for calling investors to invest in B2G in 2018, he received $ 250 thousand in cash and another $ 750 thousand in tokens.
The commission charged Seagal with violating the Securities Act, which specifically prohibits stars from advertisingassets and shares by which tokens were recognized, without public disclosure of their personal interest and compensation received for support.
SEC fined the actor $ 157 thousand and forbade him to promote any securities in the next three years. Stephen Seagal silently agreed to pay a fine and not take part in such campaigns. However, the regulator said that the investigation is ongoing.
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