Steven Seagal fined in US over cryptocurrency promotion

New York (AFP) – US securities regulators announced on Thursday they had fined actor Steven Seagal and suspended him from investment promotions over charges he hawked a cryptocurrency venture without disclosing compensation.The “Under Siege” actor pitched the initial coin offering, Bitcoiin2Gen, on social media, urging followers not to “miss out” on a venture hailed as the “next generation of Bitcoin,” the Securities and Exchange Commission (SEC) said in an order.But Seagal, 67, failed to disclose that he was promised $250,000 in cash and $750,000 worth of tokens in exchange for touting the in…

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