Mayweather Jr., DJ Khaled Pay Combined $750,000 For Illegal ICO Promotion

(December 3, 2018, 1:59 PM EST) -- WASHINGTON, D.C. — A pair of celebrities will pay more than $750,000 in disgorgement and civil penalties as part of settlement agreements they reached with Securities and Exchange Commission in connection with their unlawful promotion of an initial coin offering (ICO), according to two SEC orders filed Nov. 29 (In the Matter of Khaled Khaled, File No. 3-18907, SEC; and In the Matter of Floyd Mayweather Jr., File No. 3-18906, SEC)....

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