A court in the United States allowed recovering 200 thousand dollars from Steven Seagal

U.S. District Judge William Kuntz signed an order allowing the U.S. Securities and Exchange Commission (SEC) to recover more than $ 200,000 from actor Steven Seagal. Bloomberg reported this.

According to the statement of the lawyer from the commission, earlier Segal agreed to settle the charges and pay compensation for 330 thousand dollars, but made only one payment of 75 thousand dollars and overdue payment of the remaining part. After neither the actor, who now lives in Russia, nor his representatives appeared in court on the case to answer to the commission, the New York court signed a decree according to which the commission can require the actor to pay the remaining fines, interest, and penalties.

Earlier, the media reported that the company Bitcoiin2Gen offered the actor 250 thousand dollars in cash and 750 thousand in cryptocurrency for supporting the initial coin offering. In 2018, Segal advertised upcoming events through his Facebook and Twitter accounts, and the company called him its “world ambassador.” At the same time, the artist did not indicate that he received payment for the promotion of cryptocurrency.

In February of this year, the Securities and Exchange Commission (SEC) The United States has fined a Hollywood actor $ 314 thousand on charges of concealing financial fees received from Bitcoiin2Gen for advertising. In a statement, the SEC representative indicated that celebrities do not have the right to use their influence on social networks to advertise securities without disclosing the compensation received.

Segal cooperated with the investigation and voluntarily agreed to pay the penalty to settle the claims of the regulator.

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Author: Oleg Ceban
Graduated from University of Oxford. Previously, he worked in various diferent news media. Currently, it is a columnist of the world news section in the Free News editors.
Function: Editor
Oleg Ceban

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