This happens if an influencer does not publish that they pay for promoting virtual currency.
The problem is always very sensitive when it comes to cryptography and how to finance your Initial Offers. For her, the authorities have fallen all over the weight Floyd Mayweather Jr. and DJ Khaled.
The boxer and the musical figure were accused by the United States Securities and Exchange Commission (SEC). Both promoting investments in the first place in circulating processes without showing them as influencers.
In other words, they would have carried out activities that could be considered by the SEC as fraudulent. Since they promote a service with their image; without informing his followers that it was a commercial advertisement in essence. What reduces federal safety rules.
Therefore, the institution has a serious penalty for both. Where's Floyd Mayweather Jr. a penalty pays off USD $ 300,000. In addition, the SEC will deliver USD $ 300,000 that he was given payment for promotion.
For his part DJ Khaled will pay for a fee $ 100 thousand dollars and will make the payment USD $ 50 thousand he got to the beginning.
In addition, both of them will pay a few thousand worth of interest. At the same time, they have never been in the following years in order to promote all kinds of values. Mayweather Jr. Three years and Khaled two.
But this could just be the beginning of an even bigger thing. Since the promotion has been made to encourage Centra Tech.
This company was declared in May 2018 with federal fraudulent provisions.