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
I believe that celebrities participate in advertising just for the money. Unfortunately, I also previously believed that if a celebrity offers a product or service, then it definitely deserves trust. However, I now understand that most of these offers are fraudulent. Its time for us to become professionals and not believe everything that is said and shown to us by celebrities and media personalities. Obviously they want to deceive us and take our money.