The SEC is cracking down on questionable companies, and business relationships!
The way transactions are produced regarding money has completely changed since Bitcoin.
Most recently the Undisputed Floyd “Money” Mayweather and music DJ Khaled most recently promoted an ICO called Centra Tech Inc.
The two celebrities failed to mention that they were getting paid a promotional fee for there influence. Mayweather took in a payday of $100,000, while Khaled was paid $50,000. Both gentlemen have agreed to pay a penalty fine, along with not promoting any cryptocurrency for a certain amount of time.
With the SEC looking to crack down on scams, it’s better to do your homework before investing or buying. What are your thoughts?? Comment below!!