Bitcoin Forum

State of New Jersey Bureau of Securities has released a cease-and-desist order to an ICO endorsed by film actor Steven Seagal.
Click here to read more: Steven Seagal (https://coinpedia.org/news/new-jersey-cease-desist-order-steven-seagal/)

This is disturbing we all know that Bitcoin has no copyright yet people are using the name Bitcoin to deceive people to the point of using actor, to promote them, and Steven Seagal is not doing research on the project he is investing.
We have seen developers using other people's profile and personality to promote their project now that it's not working anymore, they go for actors now to promote and make the project looks legit in the eyes of investors, I'm glad that State of New Jersey Bureau of Securities has released a cease-and-desist order.

Be more specific on the project itself, not on the endorser. The endorser does not have anything to do with the project itself or the ICO he is endorsing unless he is a partner. If not they do not mean anything to the credentials of the project. I guess Steven Seagal is just acting the way Mayweather did to Centra.

By the way, why did the SEC issued a cease-and-desist order to the ICO? I am more interested on this. I didn't click the link. I am not trusting, I am sorry.  

After the McAfee (SETHER and one more) and Floyd Mayweather (CENTRA) debacle, whenever I see a celebrity endorsing some new ICO I run away from that projects because usually, that projects turn into a really bad investment.