Posts Tagged ‘celebrity’

Here’s what happened to the cryptocurrencies that celebrities vouched for

Actors, pro athletes, and other celebrities can provide a little-known cryptocurrency with the star power it needs to gain enough attention from investors. And even if the SEC says it’s a highly dubious strategy, the hype is clearly working for some ICOs. But what happens after the celebrity promotes the coin? The Verge takes a look […]

Celebrities warned over risk of cryptocurrency endorsements

Celebrity endorsers of cryptocurrency fundraisers are at risk of legal action from regulators and investors, legal experts have warned, following a US case that highlighted the involvement of famous promoters in an ICO that collapsed. The SEC late last year warned that celebrities had to disclose any compensation they received to promote an ICO. Read more