'You can’t lie to investors when you tout a security,' SEC Chair Gary Gensler said in regards to former NBA All-Star Paul Pierce settling his crypto violations case for $1.409 million in penalties, disgorgement, and interest.
Now that LeBron James holds the record for all-time scoring in the NBA, USA TODAY Sports Jeff Zillgitt looks at which active players could surpass him.former NBA player and Hall of Famer Paul Pierce with unlawfully touting crypto securities.
This was a month after Pierce, then an NBA analyst with ESPN parted ways, after a video with Pierce and exotic dancers surfaced on Instagram. The Securities and Exchange Commission enforces the law against market manipulation as well as to"protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation.
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SEC Sues Former NBA Star Paul Pierce Over EthereumMax PromosNEW: The SECgov has sued NBA Hall of Famer Paul Pierce over charges he did not disclose he was paid to promote the EthereumMax token. Pierce will pay $1.4 million in penalties and disgorgement. nikhileshde reports
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NBA legend Paul Pierce settles with SEC over allegedly false crypto statements | EngadgetNBA Hall of Famer Paul Pierce agreed to pay $1.4 million to settle charges from the Securities and Exchange Commission over a cryptocurrency he promoted on Twitter..
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NBA Hall of Famer Paul Pierce to pay $1.4 million in crypto charges settlementFormer NBA star Paul Pierce agreed to pay a $1.4 million settlement over allegations that he promoted a cryptocurrency without disclosing he was paid, the SEC says.
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Former Boston Celtics star Paul Pierce settles with SEC over crypto violationsNBA Hall of Famer Paul Pierce settled with the SEC over allegations he unlawfully touted the same crypto security as Kim Kardashian.
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