SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.
do you think celebrities know that they advertise scam projects or they just dont understand what they are doing? I think this is a big problem for the market
What else do you expect from celebrities aka movie stars . They are just after money like anyone else . Although It's human psychology to fall for such things we must always research before investing. This remind me of a project which had Ryan Remolds pic as a team member and people invested in the ico .