Floyd Mayweather, DJ Khaled and two employees of the Centra Tech ICO project have been dismissed from an investor lawsuit by a federal judge.
Floyd Mayweather and DJ Khaled settled charges with the SEC, which said they promoted ICOs without disclosing payments from token issuers.
The U.S. Securities and Exchange Commission has halted the Floyd Mayweather-supported Centra Tech initial coin offering.
Floyd Mayweather is stepping up his support of cryptocurrencies, promoting his third initial coin offering (ICO) in the past month.
Boxing champion Floyd Mayweather Jr. made waves last month when he promoted an ICO on Instagram. Now he's just endorsed a second one on Twitter.
The token sale for a blockchain-based prediction market promoted earlier this month by boxing champion Floyd Mayweather, Jr., has raised $30 million.