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Floyd Mayweather Jr. and DJ Khaled will each pay more than $100000 in fines to settle charges …

Floyd Mayweather Jr. and DJ Khaled will each pay more than $100,000 in fines to settle charges that they illegally touted ICOs

Boxing champion Floyd Mayweather Jr. and record producer DJ Khaled will pay hundreds of thousands of dollars in penalties to settle charges filed against them by the Securities and Exchange Commission. The SEC charged Mayweather and Khaled with promoting an initial coin offerings (ICOs) without disclosing that they were paid for them.