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Floyd Mayweather, DJ Khaled pay SEC cryptocurrency penalties

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Boxer Floyd Mayweather Jr. and music producer DJ Khaled agreed to pay thousands of dollars to settle charges related to cryptocurrencies.

Neither admitted wrongdoing through the settlement, through which they'll pay combined penalities totaling more than $750,000.

The SEC alleged Mayweather and Khaled failed to disclose payments receive to promote certain cryptocurrency investments.

Read more from BBC News.

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