Hints and tips:
...Neither is the regulatory action without precedent, since retired boxer Floyd Mayweather and self-referential music person DJ Khaled were fined in 2018 for ICO touting....
...Mayweather and Pierce did not respond to requests for comment....
...Thom likened the wave of crypto marketing to previous promotions from now controversial industries. “It’s the cigarette boom all over again....
...In the US, a class-action lawsuit filed this month claims reality-TV star Kim Kardashian and other celebrities, including boxer Floyd Mayweather and former NBA player Paul Pierce, helped inflate the price...
...Floyd Mayweather, the boxer, and DJ Khaled, the musician, have also settled SEC charges related to touting cryptocurrencies....
...“With no disclosure about the payments, Mayweather and Khaled’s ICO promotions may have appeared to be unbiased, rather than paid endorsements.”...
...Floyd Mayweather Jr, the US boxer, earned $275m from a single boxing bout with UFC star Conor McGregor last year, according to Forbes....
...There have been a flurry of ICOs in recent months amid a frenzied boom in cryptocurrency prices, and a mounting number of celebrities from socialite Paris Hilton to boxer Floyd Mayweather and actor Jamie...
...“Pretty Boy Floyd” became “Money Mayweather”. He created his own promotions company. He used lurid hype and trash talk to sell pay-per-views....
...You can’t pay money for this kind of promotion,” says Fred Sternburg, a spokesman for Top Rank, Pacquiao’s promoter. “The biggest winner is going to be the taxman....
...It promotes and manages a stable of more than 40 boxers, overseen by Mr Warren’s Queensberry Promotions, providing material to screen in programmes. George is admiring but not deferential....
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