The Securities and Exchange Commission (SEC) is warning celebrities to be careful about endorsing cryptocurrencies. The commission issued that warning Friday (Feb. 17) after announcing that Paul Pierce, a former Boston Celtics star, had agreed to pay a $1.4 million penalty for failing to disclose...
November 28, 2023
Investors who lost billions of dollars in the collapse of cryptocurrency exchange FTX have reportedly expanded their legal action to include Major League Baseball (MLB), Formula 1 racing, and Mercedes-Benz Group AG’s racing team. The investors allege that these entities aided and abetted the fraud orchestrated by FTX, adding to the existing class-action suit that already includes celebrity promoters, Bloomberg reported Tuesday […]
February 19, 2023
The Securities and Exchange Commission (SEC) is warning celebrities to be careful about endorsing cryptocurrencies. The commission issued that warning Friday (Feb. 17) after announcing that Paul Pierce, a former...
