WASHINGTON: Steven Seagal, the star of action movies including Above The Law and Out For Justice, has agreed to pay US$314,000 (RM1.3mil) to resolve charges of "unlawfully touting" a cryptocurrency offering, the United States securities regulator said on Feb 27.
Seagal, 67, agreed to give up US$157,000 (RM663,626) in ill-gotten gains and to pay another US$157,000 as a penalty for failing to disclose payments he received for promoting an investment in an initial coin offering from Bitcoiin2Gen (B2G), the Securities and Exchange Commission said in a statement.