US District Judge for the Eastern District of New York William Koontz has signed a decision to recover from actor Steven Seagal the remainder of the fine and interest for violating the cryptocurrency promotion, Bloomberg reports. According to Peyton King, a lawyer with the Securities and Exchange Commission (SEC), earlier Mr. Segal agreed to pay a fine in the amount of more than $ 330 thousand, but in the end he paid only $ 75 thousand and dodges the rest.
The court’s decision will allow the SEC to begin foreclosure proceedings. During the meeting, Ms. King asked the judge if the SEC could send the documents to the actor’s manager; Mr. Kunz replied in the affirmative. The actor, his representative and the former lawyer did not appear in court on August 27 at the request of the judge.
The fine to Steven Seagal is related to the promotion of Bitcoiin2Gen tokens on social networks. According to the commission, the actor was promised $ 250,000 in cash and $ 750,000 in tokens for the promotion, but he did not disclose this. During the agreement with the SEC, Mr. Segal neither confirmed nor denied his guilt.
Steven Seagal received Russian citizenship in 2016 from President Vladimir Putin. The actor was a member of the political council of the “For Truth” party of the writer Zakhar Prilepin, and some time later, after its merger with “Fair Russia” and “Patriots of Russia”, he joined the united party.
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