Floyd Mayweather is a famous pro boxer going by full name Floyd Joy Mayweather Jr. I doubt anyone here on Scorum platform doesnt know him but just to be sure..
He competed from 1996 to 2007 and 2009 to 2015, and created a one-fight comeback in 2017. throughout his career, he controls multiple world titles in 5 weight categories and also the lineal championship in four weight categories (twice at welterweight), and retired with an unconquered record. As an amateur, Floyd won a trophy within the featherweight division at the 1996 athletic contest, three U.S. Golden Gloves championships (at pugilist, flyweight, and featherweight), and the U.S. national championship at featherweight.
In 2017 he was promoting some ICOs which one of them was a big fiasco - called Centra CTR. Its website is right now down, no exchanges work (despite it was an Ethereum token that can be traded on DEXes) and most portals deleted all info about it to not get any hotness in court.
Today after investigation SEC charged him and Dj Khaled (famous musician) for Unlawfully Touting Coin Offerings.
The Securities and Exchange Commission today announced settled charges against professional boxer Floyd Mayweather Jr. and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These are the SEC's first cases to charge touting violations involving ICOs.
They paid money that SEC decided right away without admitting or denying that they are responsible for the actions.
Mayweather has to pay a total of $614775 which is big money for most of us but i doubt it will make his eye tick even for a second.
Interesting that there is 2 other ICOs mentioned, one of them i remember and its still alive, i even wrote about it back then on my crypto blog yet they are doing all good.
Maybe Centra was just too scammy? I don't know but surely never invest based on celebrities or sports people shilling something.