Allowed the US Securities and Exchange Commission to recover this amount from the Hollywood star
U.S. District Judge William Kunz signed an order authorizing the U.S. Securities and Exchange Commission to recover more than $ 200,000 from actor Steven Seagal, Bloomberg reported.
Steven Seagal’s Unpaid Crypto Fine Under Siege By The SEC https://t.co/mTSg3FAka0
— Pratibha Mishra (@PratibhaPrats) August 28, 2021
According to a commission lawyer, Segal had previously agreed to voluntarily settle fees and pay $ 330,000 in compensation, but made only one payment of $ 75,000 and was late in paying the balance. After neither the actor, who now lives in Russia, nor his representatives appeared in court to answer to the commission, the court in New York signed the decision, according to which the commission can ask the actor to pay the remaining fines and accrued interest.
Steven Seagal moves to Russia to escape US crypto fine. He is trying to avoid paying $200,000 that he owes the US government for promoting a digital token. https://t.co/EZTTd9AFem #CryptoCurrency (from Reddit) pic.twitter.com/wNuRTPoWkN
— Jason Fernandes (@TokenJay) August 28, 2021
Earlier, the media reported that Bitcoiin2Gen offered the actor $ 250,000 in cash and $ 750,000 in cryptocurrency to support its initial offering. In 2018, Segal advertised upcoming bitcoin events through its Facebook and Twitter accounts, and the company called it its “world ambassador.”
In February this year, the US Securities and Exchange Commission fined the Hollywood actor $ 314,000 on charges of tax evasion received from fees from Bitcoiin2Gen for advertising. A SEC spokesman said celebrities were banned from using their influence on social media to advertise securities without declaring income.
SEC Wins Judgment Against Actor Steven Seagal After He Ignores Court Order to Settle Crypto Fraud Case https://t.co/H8ul5C8WA8#Bitcoin2021 #cryptocurrency #btc
#BTCUSD
#cryptonews #blockchain
#cryptocurrencies #Bitcoin #eth #cryptoexchange #cryptoearning pic.twitter.com/G3oSc0bxV8— bitcoinnotifactions (@bitcoinnotifac1) August 28, 2021
Source: BGNES
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