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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

MSAN DIEGO (KGTV) -- Mayor Kevin Faulconer announced Monday that the city has repaired 655 miles of roads so far, which is ahead of schedule to meet the goal of 1,000 miles of roads by 2020.Averaging more than 300 miles per year puts the city ahead of schedule, even as a small percentage of repairs has required taking the roads down to the dirt.RELATED: San Diego County approves million road resurfacing project“The unprecedented investment we’ve made in road repair is showing results with more smooth streets in our neighborhoods,” Mayor Faulconer said. “There’s still a lot more work that needs to be done, but we’re making significant progress on an issue that is a top concern for so many residents.”Within the first two fiscal years of the pledge, the city fixed 595 miles of roads. Last year, an assessment showed the overall condition of city streets rose to 72 on a scale of zero to 100.RELATED: Mayor vows to fix more roads in San DiegoMayor Faulconer says if they do complete the work ahead of schedule they will assess additional roads and keep going.Click here to report potholes and road issues. Click on the image below to see repairs happening in your area:  1204

MIRAMAR, Calif. (KGTV) - The F-35C landed in Miramar Tuesday, the first of it's kind for the Department of Defense, according to officials at Marine Corps Air Station Miramar.UPDATE: Officials later clarified the F-35C arriving at Miramar was the first for the Marine Corps.There are three versions of the F-35 Lightning II. The F-35C is the "carrier version", the largest of it's kind and able to land on an aircraft carrier's runway.The fighter jet is the most advanced in the military, "everything you look at is displayed in the helmet, I mean it's like in the movies," Squadron Commander Lt. Col. Cedar Hinton, USMC said.Hinton is the newest commander of the Black Knight Squadron at MCAS Miramar, who will inherit the incoming F-35Cs."This is an exciting time in the Black Knight history. This squadron was stood up in WWII like a lot of squadrons, this particular squadron's able to break a lot of milestones." He mentioned milestones that started in the 1950's with the F-9F Panther. That was the "Navy’s first successful carrier-based jet fighter" and landed with the Black Knights at Miramar. Then in the 1960's the squadron was the first in the Marine Corps to fly the F-4B Phantom.In the 1980's they were the first to fly the F/A-18.The F-35 got it's first test in combat in 2018, deploying to Afghanistan, and then in Iraq a year later."They've had some pretty good success with it, I mean it does what we paid for it to do," Lt. Col. Hinton said.It's record isn't pristine. The jet faced scrutiny when it suffered mechanical failures during development. In 2018, an F-35 crashed in South Carolina."I mean single engine airplane, but this engine is by far probably the most advance engine ever built... That engine is more reliable than two engines on an F-18 I'd say," Lt. Col. Hinton said.Miramar has been waiting for this moment since they retired the F/A-18 Hornet last June.Miramar will get another F-35C next week, and a third in March. The plan states the air station will get 75 jets over the next 10 years."We've got to start working the systems, we have to start integrating it with our software," Hinton said there's a lot of work to do to get the squadron up and running. He said they are working with a Naval squadron based in Lemoore. 2269

NATIONAL CITY, Calif. — A National City crematorium owner denied Friday that human remains were released into the air during a furnace emergency at the facility.National City firefighters responded to a call Thursday afternoon at the Cortez Family Crematorium, located about 10 minutes south of San Diego.A furnace door was open while the system was operating, triggering the building’s heat detectors. A plume of smoke rose from the building and drifted east.A National City Fire captain and the San Diego Air Pollution Control District indicated human remains were released into the air along with chemicals, the crematorium owner disputes the information.Angela Cortez of the Cortez Family Crematorium says the human remains were covered with a cardboard box at the time of the emergency. The box caught fire due to ambient heat in the furnace and the remains were not burned, she said. Firefighters reset the system, which shut the door and the cremation resumed.The San Diego Air Pollution Control District said there was no public health risk from the smoke.The California Cemetery and Funeral Bureau says it is investigating the situation.Cortez Family Crematorium has been operating since 2014 and has no record of violations, state officials said.  1290

More than 5,000 people have signed a Change.org petition calling on the state of Tennessee to replace all statues honoring the Confederacy with statues honoring country music legend and native Tennessean Dolly Parton.Parton, a nine-time Grammy winner and Country Music Hall of Fame inductee, is also known worldwide for her philanthropy efforts. Following wildfires in the Smokey Mountains, Parton donated millions of dollars to help the community's recovery. She's also touched millions of lives through her charitable foundation.The petition, started by Alex Parsons on June 11, has quickly spread online. It's moving in on its initial goal of 7,500 signatures."Let's replace the statues of men who sought to tear this country apart with a monument to the woman who has worked her entire life to bring us closer together," the petition says.In an update, organizers clarified their stance, saying that "while the idea of replacing all of those monuments with Dolly Parton may seem funny, the history of those monuments is anything but."The petition comes as communities across the country hold conversations about systemic racism in the United States amid several high-profile deaths of black men and women at the hands of police in 2020. Last week, the state of Kentucky removed a statue of Confederate President Jefferson Davis from its capitol rotunda, and the city of Richmond, Virginia has announced it plans to take down several Confederate monuments that dot the city.However, Tennessee has been more reluctant to remove Confederate statues. Last week, a state Senate committee voted to kill a resolution that would have forced the removal of a bust of Nathan Bedford Forrest from the capitol building. Forrest, a Confederate general, served as the Grand Wizard of the Klu Klux Klan in the 1800s. 1813

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