|“Rapper T.I. Pressured To Pay $75,000 SEC Effective for Selling Fraudulent ICO.
Clifford Harris Jr., the Atlanta-based rapper higher generally known as T.I., agreed to pay a $75,000 penalty to settle U.S. Securities and Trade Fee claims that he performed a job in selling an unregistered and fraudulent preliminary coin providing.
T.I. promoted FLiK tokens to his social media followers in 2017, falsely stating that he was a co-owner of the â€œNetlifx on the blockchain,â€� which was marketed as making a streaming media platform with merchandise that could possibly be bought with digital tokens, the SEC mentioned in an announcement Friday.” – winnaijatv.com