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Music producer DJ Khaled and boxer Floyd Mayweather Jr. were charged by the Securities and Exchange Commission with promoting investments in initial cryptocurrency coin offerings without revealing that they'd been paid.The SEC has said that cryptocurrency coins sold in initial coin offerings (ICOs) may be considered securities and subject to federal securities laws.Both Khaled and Mayweather settled with the SEC and agreed not to promote any securities, even digital ones, for two years and three years, respectively, the SEC said Thursday. They also agreed to give the money they'd received to the SEC and pay penalties and interest.Mayweather failed to disclose that he'd received 0,000 from three different ICO issuers, including 0,000 from Centra Tech. Khaled failed to disclose a payment of ,000 from the same company.Centra has separately been charged by the SEC, which alleged that its ICO was fraudulent.Centra could not immediately be reached for comment.Both Mayweather and Khaled promoted Centra's ICO on their social media accounts. Khaled called it a "game changer" while Mayweather encouraged his followers to get in on the ICO, saying he'd taken part.Mayweather also commented on another ICO, saying he was going to make a lot of money."You can call me Floyd Crypto Mayweather from now on," he tweeted.The SEC, which has made it clear that ICOs can be fraudulent, encourages would-be investors to be wary of those ICOs that are endorsed by celebrities."With no disclosure about the payments, Mayweather and Khaled's ICO promotions may have appeared to be unbiased, rather than paid endorsements," said SEC Enforcement Division co-director Stephanie Avakian."Social media influencers are often paid promoters, not investment professionals, and the securities they're touting, regardless of whether they are issued using traditional certificates or on the blockchain, could be frauds," said Steven Peikin, another SEC enforcement division co-director.This is the first time the SEC has brought charges against individuals for promoting ICOs and the investigation is ongoing. 2128
Morgan Freeman issued a second apology after eight people accused him of sexual harassment or inappropriate behavior, and the actor said his actions should not be equated with incidents of sexual assault or abuse in the workplace.CNN was first to report the allegations of inappropriate behavior and harassment as part of an investigation published Thursday.In his statement issued late Friday, Freeman said "I am devastated that 80 years of my life is at risk of being undermined, in the blink of an eye, by Thursday's media reports."All victims of assault and harassment deserve to be heard. And we need to listen to them. But it is not right to equate horrific incidents of sexual assault with misplaced compliments or humor."I admit that I am someone who feels a need to try to make women—and men—feel appreciated and at ease around me. As part of that, I would often try to joke with and compliment women, in what I thought was a light-hearted and humorous way."Clearly I was not always coming across the way I intended. And that is why I apologized Thursday and will continue to apologize to anyone I might have upset, however unintentionally."But I also want to be clear: I did not create unsafe work environments. I did not assault women. I did not offer employment or advancement in exchange for sex. Any suggestion that I did so is completely false."CNN spoke to 16 people, eight of whom said they were victims of what some called harassment and others called inappropriate behavior by Freeman. Eight said they witnessed Freeman's alleged conduct. The 16 people together described a pattern of inappropriate behavior on set, while promoting his movies and at his production company Revelations Entertainment.Four people who worked in production capacities on movie sets with Freeman over the last ten years described him as repeatedly behaving in ways that made women feel uncomfortable at work.Freeman also issued a statement after the allegations first surfaced, saying he is "not someone who would intentionally offend or knowingly make anyone feel uneasy. I apologize to anyone who felt uncomfortable or disrespected — that was never my intent."Reports about his alleged behavior prompted credit card company Visa to suspend its marketing campaign that featured Freeman.The Screen Actors Guild also said it is in the process of determining what, if any, action will be necessary regarding Freeman, who received its lifetime achievement award in January.Accusations against Freeman are the latest in a series from women and men who have spoken out in recent months about inappropriate behavior by powerful men in Hollywood and other industries.Movements punctuated by hashtags such as #MeToo were given life after accusations surfaced against former movie mogul Harvey Weinstein, who has been accused of abuse, misconduct and harassment by more than 60 women.Weinstein was arraigned Friday on charges of first- and third-degree rape and committing a criminal sexual act in the first degree, seven months after women began to come forward. Weinstein was charged for alleged incidents involving two women.Through a spokesperson, Weinstein has previously denied accusations of sexual assault.After his arraignment, Weinstein's lawyer Benjamin Brafman said "Mr. Weinstein has always maintained that he has never engaged in non-consensual sexual behavior with anyone. Nothing about today's proceedings changes Mr. Weinstein's position. He has entered a plea of not guilty and fully expects to be exonerated."The-CNN-Wire 3536
MILWAUKEE — Eight Sisters at Notre Dame of Elm Grove, a retirement home near Milwaukee, died from COVID-19 in a week despite the home’s best efforts.“The Sisters, were being extra careful in terms of getting their meals in rooms and they can’t congregate together,” Sister Debra Sciano, Provincial Leader of the School Sisters of Notre Dame Central Pacific Province said. “More testing, being tested twice a week for the virus.”Sciano says they are heartbroken to lose these eight women. Combined, they had over half a millennium of service to the community.All educators in their own right, their reach went far beyond the walls of the School Sisters of Notre Dame retirement home.“Every one of our sisters is really important,” Sciano said. “Not only to us, but we feel they have touched thousands of lives we’ll never be aware of.” 842
More than one thousand businesses in Minneapolis were damaged during the protests over the death of George Floyd. It’s been two months since the damage was done and for many of the businesses, little has changed.“It’s terrible, you know to sit and look at this,” said Flora Westbrooks as she looked at what is left of her business in north Minneapolis.After 35 years of owning Flora’s Hair Design, the business is no more. It was set on fire during the protests at the end of May and into June, specifically, just a day before she was set to reopen after coronavirus state-mandated closures.“I’m already losing money and don’t have any money, then to see my salon go up in flames like that,” said Westbrooks, “it was devastating, the most devastating thing I had to witness.”Since the fire burned the hair salon and another building that she owned next to it, she has been struggling to raise the 0,000 needed to rebuild. Unfortunately, many business owners in Minneapolis are dealing with a similar struggle.“Everything up here, it is just gone. It’s just forgotten. We are forgotten and if I go down farther, there is nothing open,” said Westbrooks.Taking a walk through north Minneapolis, especially along West Broadway Avenue, it is easy to see that if a business is not in rubble, it is still boarded up and closed.For the businesses that have been able to reopen, many attribute their ability to do so to limited damage from the protest or help from their community and beyond.“There’s been an enormous amount of help,” said Tito Wilson. “We saw a lot of people coming in from outside the community and maybe some people from within the community, they came in sweeping up glass and sweeping up other debris.”Wilson is the owner of a barbershop in north Minneapolis. His business and other businesses on his street were able to reopen quickly after volunteers started a clean-up effort.“There are some nonprofits and for profits and volunteers who are individually helping, providing technical support to help businesses rethink themselves, to help them fill out loan applications, to figure out if they qualify for things,” said Kenya McKnight-Ahad.McKnight-Ahad is the founder of Minneapolis’ Black Woman’s Health Alliance and has helped more than 40 businesses with about ,000 in grant money to rebuild and reopen. Her organization is one of many in the area trying to help. The West Broadway Business and Area Coalition is another. It has raised more than million for businesses damaged and is set to soon allocate that money to the businesses still in need.Beyond the city though, individual businesses around the country have donated millions to the GoFundMe pages of individual businesses. Some businesses have received a few hundred dollars, while others have received several hundred thousand dollars in donations. Even Flora’s Hair Design, has gotten more than 0,000 in donations on her GoFundMe page.The one entity that has not showed up for the businesses damaged during the protests has been the federal government. Businesses in need are calling for a disaster recovery-like consideration from the government.“You help Wall Street, you bail them out, but people like us, we just need a little fraction of the money that you give,” said Westbrooks. “I would beg and ask our government, do something.”To the business owners here, letting their businesses struggle and die will only further systemic issues in their communities of color. The very thing that George Floyd’s death highlighted, and the protests were meant to undo. 3565
MISSION BAY PARK (CNS) - A 36-year-old woman was hit by a car while riding her moped-style scooter in the Mission Bay Park neighborhood, authorities said today.She was cruising south on Ingraham Street around 1 p.m. Saturday when she took the Sunset Cliffs offramp, according to the San Diego Police Department.``A car tried to pass her on the left and collided with her, causing her to lose control,'' Officer Robert Heims said. ``She was ejected from the scooter.''The woman suffered a pelvic fracture, a broken tooth and multiple abrasions, he said. She was taken to a local hospital for treatment of non-life- threatening injuries.Police haven't identified any witnesses. Investigators say the suspect sedan is maroon in color.Anyone with information about the incident is asked to call San Diego police at 858-495-7800 or Crime Stoppers at 888-580-8477. 866