Celebrities advertise scam ICO again

[jacafbiz]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

I do not thing they should go after all these celebrities alone, what about all the Youtubers and Twitter Crypto influencers in the space, that shill projects to potential investors and ended up losing all their money. Greed in this space is worse that wall street although some people will not want to agree with me on this

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[AliMan]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

I am out of update from any info that linked these celebrities from scam projects advertisement. Whenever there is an occurrence that a certain prominent person whether celebrity or famous politician got involved with a scam ico, I believed it won't be hidden due to rampant social media news and feeds which daily popping up on notifications. However, this should be fact checked before it becomes believable for everybody.

[Mahanton]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

They dont know on what they are doing or just simply being used by those ICO owners yet they do know on what would be the impact if they would tend to make use
popular celebrities which would really boost up exposure and would really get investors.I dont know if these celebs are fully aware of just get blinded on the
marketing budget allocation for them without minding that they are tending to harm lots of investors in the process.We have seen some numbers who do make
use of this marketing but most of them do end up on failure when it comes to project development.All things can be hyped initially but in late game they
do become all trash.

[danherbias07]

One good conclusion here.
He doesn't he really know what he is doing until now.
But he cannot escape the law. Even though he is famous for a lot of series which is about the law or being a police he still didn't learn from it.
It looks like it is all about the money.
He might have also thought it was legal enough until the exit happened.

I bet he is so angry by now and just want to kill someone from the management of that team. 

[xvids]

I think most of them doesn't really know athing about crypto they just want's to be part of it,
They don't even know how to find a good project so why should we even listen to those celebrity who promotes a new project?
They are only attracting some newbie's in the market and sooner or later those newbie's are going to cry because of their loss.

[alicecrowl966]

There are still scam ICO in 2020?

[Barbut]

do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

I don't think they know what they advertise. They are celebrities, they receive money for advertising from their managers and that is it, I doubt that any celebrity does research on their own.
This just confirms the old rule, never trust anyone, you need to do research by yourself if you wish to be completely sure in something!

[pakhitheboss]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

Money makes people do shit things the same happened with him.

He did not know anything about this ICO still went ahead and advertised it. Now he has to repay most of what he earned I guess.

Conclusion, Everything that glitter is not always gold.  

[ethereumhunter]

There are still scam ICO in 2020?

I guess so, but I don't know which project can lead us to get a scam because I don't follow each project one by one. I don't invest in any project again since 2 years ago because I think that the trend of the ICO almost ends and it needs to transform into new things so people can put their belief with the real projects that can give them the profit.

But maybe we will see another celebrity will advertise scam ICO again because as long as the project can pay the celebrities to talk about their project, the celebrities can convince the public to invest in that projects. And if the projects finally become a scam, that celebrities will get a bad name because they promote the scam projects.

[inanilujimi]

 what has happened cannot be changed anymore, in my opinion if the celebrities do not know and are only paid for what they advertise, it is not possible for him to be responsible for the project.
don't just see who is advertising the project but also see the people behind it.

[NewRanger]

what has happened cannot be changed anymore, in my opinion if the celebrities do not know and are only paid for what they advertise, it is not possible for him to be responsible for the project.
don't just see who is advertising the project but also see the people behind it.

but before that they should find out what about cryptocurrency and project that endorsed him. undirectly they were have responsibility if project that they promoted be scam. they received the money and they have to make sure that its real and be good investment in future.
and we as investors must research about projects and read the plan what will they do in future.

[trauchot]

Many celebrities agree to participate in cryptocurrency projects because of money, and they don’t even care if this project is a scam or not, because celebrities only think about how to make a profit and that’s all, and there were already a lot of such scam companies with celebrities.

[masterrex]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

I think most of them are not aware in the real score of the crypto projects that they are promoting, or maybe without personal knowledge in terms on how cryptocurrency works, remember when the boxing superstar Floyd Mayweather jr. promoted Centra that turn out to be a scam, until now my Centra CTR token still on my Binance account but lying lifeless. Manny Pacquiao and Derulo also promoting GCOX exchange but I don't know if still active till now. those are just an example of a few projects indorse by celebrities.

[Clark05]

I hope they stop promoting the ICO because we know they are popular person and if they promoting scam project they have big chances that many people will invest because we know now too once a famous person promote anything they trust easily . And better for them stop promoting ICo and start promoting the crypto but only the legits ways of earnings in crypto.

[Aaroenz0r]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

I think most of them are not aware in the real score of the crypto projects that they are promoting, or maybe without personal knowledge in terms on how cryptocurrency works, remember when the boxing superstar Floyd Mayweather jr. promoted Centra that turn out to be a scam, until now my Centra CTR token still on my Binance account but lying lifeless. Manny Pacquiao and Derulo also promoting GCOX exchange but I don't know if still active till now. those are just an example of a few projects indorse by celebrities.

I agree with you. They only work for money and do not care much about how the project works. In the past there have been many projects like this and the results are all scam projects and you will definitely risk if you choose to invest here. I think IEO is currently the safest solution at this time because if listed at big exchanges, you will make huge profits.

[fortunecrypto]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

Some of them have no idea what Cryptocurrency are they just want monetary compensation, we all know that some celebrities are not using the products or services they are advertising, in fact some of them are caught using their competitor products, so we should not believe these celebrities especially if they are promoting Cryptocurrency.

[Valzador]

do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

I don't think celebrities would care if the project they were promoting would commit fraud; they were too busy to understand the concept of the project they were advertising.

Only trust advertisements from someone who is an expert in the field he is promoting.

[Juggy777]

SEC fined Steven Seagal for advertising ICO. The actor did not disclose information about the funds received for the promotion of the project, which could mislead investors, the Commission explained.
 
Since the ICO, the price of the Bitcoiin2Gen token advertised by Segal has fallen by 99%.


do you think celebrities know that they advertise scam projects or they just don’t understand what they are doing? I think this is a big problem for the market

@JCviggen in my personal opinion I feel that he may not have known what he was promoting as his manager would have finalised this deal, and would have kept the basic details hidden from him which is pretty normal as celebrities don’t like to be bothered with all the basic details. In this particular case I feel investors are also guilty as they failed to do their due diligence, and i hope that next time no one will invest in a ICO just because a celebrity recommends to invest in it.

[istiak2277]

I think celebrities are just some paid promoters of the project. So everything they care about is money. It will not be a surprise if they don't even know what those projects are. It's also possible that they have very little idea what cryptocurrency is. So I think they should not promote something that they don't have any idea.

[totoy4741]

Does he has the knowledge of the project is a scammer? If not, then I don't think that he is going to advertise or promote it because he also has a reputation to take care of. Maybe he was told that it is going to be a huge project and it is in need of someone who could hype up the project by putting celebrities names as a marketing brand.