SEC Charges DJ Khaled and Floyd Mayweather with Crypto Touting Violations

Nobody gets away with fraud in the SEC’s eyes. The latest pair to be hit with SEC charges include pro-boxer Floyd Mayweather and music producer DJ Khaled. SEC Charges Mayweather and Khaled The Securities and Exchange Commission charged the pair with the improper promotion of initial coin offerings or ICOs for cryptocurrencies. Neither party revealed to investors that they were, in fact, paid large sums of money to promote certain ICOs. According to CNBC, a settlement announced Thursday disclosed the charges. According to the settlement, Mayweather never spoke of a $100,000 promotional…

Litecoin (LTC), TRON (TRX), and ZCash (ZEC) Lead the Crypto Comeback

Cryptocurrencies made a strong comeback in the middle of the week, after posting 2018 lows a few days prior. Investors began dumping digital currencies after Bitcoin Cash miners decided to split the chain in two. After the hard fork, an all-out hash war began, and investors weren’t pleased. Investors began buying back digital currencies when various crypto-positive news announcements were made earlier this week. Most coins have since corrected from their gains, but Litecoin (LTC), TRON (TRX), and ZCash (ZEC) are still in the green for the week. Let’s take…