Source: Crazy Days and Nights
The initialed rapper saved himself another trip to jail with his settlement with the government.
The government will be less kind to the crypto Ponzi guy running for President who also likes to participate in rape parties.
Oh, and the one named rapper who is helping him take all the money.
Ponzi guy: Brock Pierce
T.I. Charged by SEC With Promoting Fraudulent Cryptocurrency, Agrees to Settlement
The Securities and Exchange Commission has charged T.I. with promoting fraudulent initial coin offerings (ICOs) in connection with a company called FLiK. The Atlanta rapper and actor agreed to “pay a $75,000 civil monetary penalty and not participate in offerings or sales of digital-asset securities for at least five years,” according to a press release from the SEC.
The SEC accused T.I. of offering and selling FLiK “tokens” on his social media accounts and encouraging his followers to invest in the FLiK ICO, while also falsely claiming to be a co-owner of the company. The commission also claims T.I. recruited “a celebrity friend” to promote the FLiK ICO on social media, providing copy for the posts. T.I.’s social media manager was also accused of offering and selling FLiK tokens via T.I.’s social media accounts.
The SEC brought charges against four other Atlanta residents, including the film producer Ryan Felton and three others accused of promoting Felton’s fraudulent ICOs. The two companies involved, FLiK and CoinSpark, were also charged.. All but Felton have agreed to settle.
In February, T.I. was removed as a defendant in a 2018 civil suit filed by investors. The suit, which also names Felton and comedian Kevin Hart, is ongoing, currently delayed by the COVID-19 pandemic, according to court documents.- Source
Akon Joins Brock Pierce Campaign
Early-2000s music sensation Akon has joined the Brock Pierce presidential campaign, J.D. Durkin reports for Cheddar:
Akon, like Pierce, is a cryptocurrency enthusiast: He’s established a currency called Akoin and plans a cryptocurrency-themed city in Senegal. Pierce, who recently purchased a $2 million penthouse in DC, is a former child actor who appeared in The Mighty Ducks and First Kid, in which he worked alongside Sinbad and played the son of the US President.
Pierce’s real estate portfolio and IMDB credits don’t represent his only touchpoints with Washington: According to a wild 2018 Rolling Stone profile, Pierce hired Steve Bannon in 2005 to help him run a video game company that reportedly opened Bannon’s eyes to the “monster power” of rootless gamers online, a dynamic he’d later harness as chief executive of the Trump campaign and, briefly, as President Trump’s chief strategist. – Source