News Focus
News Focus
Followers 189
Posts 20779
Boards Moderated 3
Alias Born 11/29/2010

Re: None

Saturday, 08/28/2021 6:40:58 PM

Saturday, August 28, 2021 6:40:58 PM

Post# of 233714
SEC-vs-Steven Seagal in crypto con

Steven Seagal who starred in the film “Beyond the Law” found out that even relocating to Russia doesn’t mean he’s beyond the reach of U.S. courts as the Securities and Exchange Commission won a judgment against him.

A federal judge in Brooklyn, New York, said the SEC can go through Seagal’s business manager to try and collect more than $200,000 that the actor owes the U.S. government for failing to disclose he was being paid to promote a digital token.

Seagal agreed to settle the commission’s allegations that he’d been promised $250,000 in cash and $750,000 in tokens for promoting an initial coin offering for Bitcoiin2Gen.

Seagal, who now lives in Moscow, hasn’t responded to the SEC’s repeated demands after making his initial payment ($75k), according to the commission. Russian President Vladimir Putin issued a presidential decree in 2016 granting the actor Russian citizenship.

The case is Securities and Exchange Commission v. Seagal, 21-mc-01797, U.S. District Court for the Eastern District of New York (Brooklyn).

https://finance.yahoo.com/news/steven-seagal-hook-sec-crypto-180957482.html

Steven "I'mma Cop" Seagal living in Russia to evade being "Me Too'ed" by Charleze Theron and others.

Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today