Springfield, MO

Log in Subscribe

Steven Seagal settles with SEC

Posted online

Action star Steve Seagal reached a $314,000 settlement with the Securities and Exchange Commission.

The settlement was reached after allegations surfaced in 2018 that Seagal failed to disclose he was promised funds in exchange for promoting Bitcoiin2Gen and its initial coin offering.

“These investors were entitled to know about payments Seagal received or was promised to endorse this investment so they could decide whether he may be biased,” Kristina Littman, chief of the SEC Enforcement Division’s Cyber Unit, said in a statement.

Read more from The Verge.


No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: The Gochu

The Gochu LLC opened at Nixa food hall 14 Mill Market; HOA Management Specialists changed hands; and Chick-fil-A launched on the north side of Springfield.

Most Read
Update cookies preferences