It would seem T.I. left a paper trail.
The purn sex videoSecurities and Exchange Commission (SEC) on Friday announced charges against the 39-year-old rapper, real name Clifford Joseph Harris, for his alleged role in promoting a fraudulent initial coin offering. Harris, the SEC claims, sold cryptocurrency tokens via his Twitter account and encouraged his followers to invest in the 2017 FLiK ICO — all the while falsely claiming to be a part owner.
According to the SEC, the ICO was (surprise!) essentially a scam run by film producer Ryan Felton. Felton promised to build "Netflix on the blockchain" (LOL), but never delivered. Instead, Felton allegedly used money from FLiK ICO investors to drive up the price of a second token, SPARK, which Felton also controlled.
The SEC notes that Felton is accused of using proceeds from the endeavor to buy a Ferrari, diamond jewelry, a home, and unspecified "luxury goods."
"FLiK's promotional materials further promised that FLiK tokens would be redeemable on the FLiK platform for increasing amounts over the first year, with each FLiK redeemable for $3.99 after the first 3 months, $9.99 after 12 months, and $14.99 after 15 months," explains the SEC. "No FLiK platform ever existed."
This Tweet is currently unavailable. It might be loading or has been removed.
Importantly, the SEC claims that T.I. was an extremely active participant in the fraud — roping in others to help him promote it.
"T.I. also asked a celebrity friend to promote the FLiK ICO on social media and provided the language for posts," reads the SEC announcement, "referring to FLiK as T.I.'s 'new venture.'"
According to the SEC, the FLiK ICO raised approximately 539 ether, which was worth around $164,665 at the time of September 20, 2017.
Notably, without admitting that he did anything wrong, Harris has already agreed to pay a fine of $75,000, as well as to sit out similar digital asset securities sales for the next five years.
SEE ALSO: Not above the law: Steven Seagal's shady crypto past under siege by SEC
In agreeing to pay the fine, Harris clearly hopes his cryptocurrency-related troubles are dead and gone. He would not be the first celebrity to make that calculation. In February of this year, Steven Seagal found himself on deadly ground, deciding to pay $314,000 in fines to the SEC after being accused of failing to disclose he was paid to promote an ICO. In 2018, Floyd Mayweather and music producer DJ Khaled were hit with similar fines.
It's almost like celebrities dolling out cryptocurrency investment advice might have something to gain from it, financially — or maybe that's just an urban legend.
Topics Cryptocurrency
Hirono, Duckworth Lead Effort to Recognize Fred Korematsu Day, Denounce Hate
Short Films by Michi Tanioka to Be Screened
Keiro Releases Results of Memory Care Services Survey
Most AAPI Incumbents Re
Filipino American Candidates Make Runoffs in Legislative Races
Tomita Named Series Regular on ‘The Good Doctor’
THROUGH THE FIRE: Destination —?Little Tokyo!
Manzanar Visitor Center to Close Nov. 4 and 8 for Maintenance
Poll Monitors Mobilized to Protect Rights of Limited
Former L.A. Deputy Mayor Sentenced to 12 Years in Prison for Racketeering Conspiracy
Heart Mountain Interpretive Center Road Sign Installed
Senior Reported Missing in Gardena
A Weekend of Anime
Torrance to Host First Sake Festival, Oshu Friendship City Agreement
National Veterans Network Awarded JA Confinement Sites Grant
Miyazaki's Masterwork
Blockchain Forum 2025: Global Crypto Leaders to Meet in Moscow
Tomita Named Series Regular on ‘The Good Doctor’
JACCC Announces Naming of Watanabe Culinary Center
Gate Ventures Invests $8.5M in the BugsCoin Ecosystem
Best iPad Pro deal: Get the 6th gen iPad Pro for $109 offNew 'Space Black' MacBook Pro color announced at Apple 10/30 eventGet a Canon portable photo printer for 51% off at AmazonApple just announced new M3 14Apple iMac on sale: Save $150 on the colorful M1 modelChatGPT can now analyze documents including PDFsHow to watch Duke vs. Louisville football without cable: kickoff time, streaming deals, and moreWordle today: The answer and hints for October 29MacBook Pro's priciest 16MacBook Pro's priciest 16 NYT's The Mini crossword answers for February 8 Amazon is testing new driver safety features following shootings Tennessee vs. TAMU basketball livestreams: Game time, streaming deals Echo Buds deal: Echo Buds 20% off at Amazon FX's sports drama 'Clipped' tackles Donald Sterling's racist downfall Super Bowl 2024 start time and live streams: How to watch for free KU vs. Baylor basketball livestreams: Game time, streaming deals FX's 'The Bear' Season 3 is coming in June Andra Day will sing the 'Black national anthem' at the 2024 Super Bowl 'Elden Ring' is reportedly coming to your phone. Here’s what we know.
0.1693s , 12234.25 kb
Copyright © 2025 Powered by 【purn sex video】Enter to watch online.No Mercy: SEC charges rapper T.I. over cryptocurrency scam,Global Perspective Monitoring
