Celebrity ICO Endorsers Face Legal Blowback Over Alleged Fraud

Celebrity ICO Endorsers Face Legal Blowback Over Alleged FraudBoxing superstar Floyd Mayweather and rap producer DJ Khaled face a legal battle for serving as celebrity endorsers to an initial coin offering (ICO) accused of fraud. The founders of the allegedly fraudulent ICO were arrested by American criminal authorities back in April. Also Read: The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow […]

The post Celebrity ICO Endorsers Face Legal Blowback Over Alleged Fraud appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Kim Kardashian Receives Her First Bitcoin

Kim Kardashian Receives Her First BitcoinSocial media personality and global superstar Kim Kardashian West was given her first bitcoin – in physical form. The entertainment mogul promptly featured her new asset for all the world to see, much to the excitement and amusement of the cryptocurrency community. Also read: Bitcoin ETF Rejection Sparks Firm’s Public Protest Kim Kardashian West Given […]

The post Kim Kardashian Receives Her First Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud

Floyd Mayweather-Backed ICO Co-Founders Arrested for FraudIn what is turning into a real cautionary tale for the cryptocurrency community about the need to be wary of celebrity’s power, along with skepticism about most initial coin offerings (ICOs), the US Securities and Exchange Commission (SEC) announced an ICO endorsed by champion boxer Floyd Mayweather has officially been deemed a fraud. Also read: Trezor […]

The post Floyd Mayweather-Backed ICO Co-Founders Arrested for Fraud appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Steven Seagal Karate Chops Bitcoiin ICO Goodbye

Steven Seagal Karate Chops Bitcoiin ICO GoodbyeCelebrity endorsements of ICOs are a great way for projects to get mainstream media exposure and might appear to be a risk-free way for the stars to get some tokens. However, if a specific ICO, or the entire industry, gets negative press it can hurt the reputation of anyone associated with them. For example, Steven […]

The post Steven Seagal Karate Chops Bitcoiin ICO Goodbye appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

”Zen Master” Steven Seagal Eyes Up a Replacement for Bitcoin

Steven Seagal Eyes Up a Replacement for BitcoinSteven Seagal is eyeing up a cryptocurrency to replace bitcoin. Bitcoiin – count those I’s – may look and sound similar to bitcoin, but is very different. It runs on the Ethereum network, confusingly, and boasts “zen master” Steven Seagal as its brand ambassador. To add to the confusion, Bitcoiin with two I’s sports a […]

The post ”Zen Master” Steven Seagal Eyes Up a Replacement for Bitcoin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico