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Musician T.I. was named in an investigation by the Securities and Exchange Commission on Friday in a fraudulent initial coin offering scheme.The SEC said T.I. will not be criminally charged, but settled on a ,000 fine and he has agreed to not participate in offerings or sales of digital-asset securities for at least five years.Film producer Ryan Felton is facing criminal charges, allegedly promised to build a digital streaming platform for FLiK, and a digital-asset trading platform for CoinSpark. Instead, Felton allegedly misappropriated the funds raised in the initial coin offerings, the SEC said.Felton is facing charges of violating registration, anti-fraud, and anti-manipulation provisions of the federal securities laws.T.I. was allegedly involved in promoting Felton’s scheme. The SEC said that T.I., and his social media manager William Sparks, Jr., offered FLiK tokens on T.I.’s social media accounts.“The federal securities laws provide the same protections to investors in digital asset securities as they do to investors in more traditional forms of securities,” said Carolyn M. Welshhans, Associate Director in the Division of Enforcement. “As alleged in the SEC’s complaint, Felton victimized investors through material misrepresentations, misappropriation of their funds, and manipulative trading.”Felton was also accused of manipulative trading to inflate the price of SPARK tokens.The SEC said that Felton made an addition .2 million in profits, and used money he allegedly misappropriated to buy a Ferrari, a million-dollar home, diamond jewelry, and other luxury goods. 1608

More than 136,000 people were diagnosed with COVID-19 in the U.S. on Tuesday according to a Johns Hopkins database, marking the fourth time this month that the country has broken the record for confirmed COVID-19 cases in a single day.Tuesday also marked the deadliest day of the pandemic in several months. More than 1,400 Americans died of the virus on Tuesday, the most recorded in a single day since 1,500 Americans died of the virus on Aug. 12.Tuesday's tally shattered the previous record of 128,000, which was set on Saturday. The mark continues a disturbing and troubling trend as health officials suspect spread will only increase as social gatherings move indoors during winter months.About a million Americans have contracted COVID-19 in the first 10 days of November.While the exploding spread rate is concerning on its own, several states across the country report that they are nearing full hospital capacity as severe cases of the virus increase.North Dakota Gov. Doug Burgum said earlier this week that hospitals have already reached operating capacity and fears that facilities could be pushed past their capabilities in the coming months.In Iowa, the state's largest city is also nearing hospital capacity as available beds dwindle.More than 10.2 million Americans have contracted virus, and 239,000 have died since the virus reached the U.S. in February. Both figures lead all other countries around the world. 1437

More than a month ago, Mollie Tibbetts went for a jog and never returned.On the evening of July 18, as the 20-year-old college student was out running, she encountered a man in a black Chevy Malibu who got out of his car and started jogging with her, officials say.The suspect, Cristhian Bahena Rivera, 24, has been charged with first-degree murder in the death of Tibbetts, authorities announced Tuesday.The body that officials believe is that of Tibbetts was found Tuesday and an autopsy is planned Wednesday. 519

MONT BELVIEU, Texas — A Texas judge has ruled a school district’s hair policy is discriminatory after two Black students were suspended for their dreadlocks. According to KTRK-TV, the decision from the judge for the U.S. District Court for the Southern District of Texas came late Monday.The policy was at the center of controversy after a senior at Barbers Hill High School was suspended in January. District officials said it wasn’t about race or that dreadlocks weren’t allowed, just that his in particular were too long. The student was told he could not return to school or walk at graduation unless he cut his hair. He argued that his dreadlocks were part of his Trinidadian heritage.He and another student filed grievances on Jan. 27, followed by a lawsuit. Last month, the school board voted not to change the policy. 833

MOSCOW (AP) — A Russian court has convicted American corporate security executive Paul Whelan of espionage. He was sentenced him to 16 years in prison Monday after a closed trial that the U.S. denounced as a "mockery of justice." Whelan, a former Marine from Novi, Michigan, has insisted he was innocent, saying his 2018 arrest in Moscow was a setup. U.S. Secretary of State Mike Pompeo said Washington had "serious concerns that Mr. Whelan was deprived of the fair trial guarantees that Russia is required to provide him in accordance with its international human rights obligations."The 50-year-old Whelan has complained of poor prison conditions. His twin brother, David, said Whelan underwent an emergency hernia operation. Pompeo called his treatment "appalling." 776