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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

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

NASHVILLE, Tenn. — Joseph Webster was in his 20s when he was convicted for a first-degree murder he didn't commit. At 41 years old, the father of four is readjusting to his newly granted freedom.Webster was released on Tuesday after a Davidson County judge ruled to vacate his murder conviction. New DNA evidence and key witnesses with different accounts of the incident helped solidify the decision.It's the first time a person was exonerated of murder because of his innocence in Nashville, according to attorney Daniel Horwitz."It's unbelievable but believable," Webster said. "The truth will set you free. I just didn't know when."Webster was sentenced to life in prison 15 years ago for the beating death of Leroy Owens in 1998. Horwitz helped uncover new evidence alongside the Davidson County Criminal Review Unit that points to a different suspect.Webster always maintained his innocence and never wavered from his hope that one day he'd get out of prison."It's a rare entity within the district attorney's office. Wrongful convictions are fairly rare, but they do occur," Horwitz said.In early 2019, Davidson County District Attorney Glenn Funk said he would reopen the case after new testing revealed that Webster's DNA was not found on the murder weapon. The only witness in the case allegedly changed her story several times, and at times the testimony pointed to a different suspect.In late October, Webster's attorney announced that Funk had vacated his sentence after a reinvestigation by the Conviction Review board, which cleared the way for Webster's possible release."The Conviction Review Unit no longer has confidence in the conviction of Mr. Webster," the motion stated. "We recommend Mr. Webster's conviction be vacated and the charges against him dismissed."With the victim's family in the courtroom, the state said there was no other option but to free Webster.Seconds after he could walk free, Webster's mother and children swarmed him with hugs and tears. He said he's been laying low and hanging out with loved ones who helped keep his strength over the years.Webster said there are others in his position without a support system. He eventually wants to his use experience to speak to teenagers about life in prison and to stay out of trouble.In the meantime, he wants to reconnect with society and heal from years of emotional, mental and physical stress."I just want to see the other side, and I just want to be happy and enjoy life," he said.He spent part of his day Thursday trying to get a driver's license with his attorney. Webster wants to rent his own apartment, get a commercial driver's license, and start a trucking business with his children.Horwitz said there are currently no plans to pursue restitution, but he has started a GoFundMe to help raise money for Webster.Money raised above the goal will be donated to the Innocence Project. Click here to donate.This story was originally published by Matthew Torres on WTVF in Nashville, Tennessee. 2996

Most parents want to start saving for college while their child is young, but a new study by the Center for Michigan found that might be difficult.In Massachusetts, families with two children are paying, on average, more than ,000 for child care in a year. State tuition for colleges average around that same price."Reality hits when you become a parent,” says mom Yvette Schilling. “And you are working extra hard and working full time and so is your husband."  Schilling says when it comes to child care, the family has to be really mindful of the cost and budget accordingly.On average, parents pay nearly 0 a week for two children in child care. Care.com estimates it at more than ,000 a year.Figuring out how to pay for day care has been a struggle for many mothers."We don't have any family around, so that becomes a little bit of a challenge," Shilling says.  She says hiring a nanny would have cost her almost triple what she's paying for daycare.  "Is it worth it for me to work full time, so we can pay ,000, or should I just stay home and watch my kids myself?” Schilling asks.   So, how can parents save money for child care?According to the Care website, one option is to sign up for a dependent care account through your employer. You can set aside up to ,000 tax-free pay for child care.  If your employer doesn't offer a flexible spending account, take advantage of the child care tax credit. Each family can itemize child care expenses up to ,000 a year and apply a tax credit to it.  To off-set some costs, nanny sharing is becoming a popular trend, allowing two families to share a nanny and split the cost. 1685

MINNEAPOLIS (AP) — A Minneapolis commission says it needs more time to review a City Council amendment to dismantle the Police Department in the wake of George Floyd's death, ending the possibility of voters deciding the issue in November. The Charter Commission has expressed concern that the process to change the city's charter was being rushed. Some commissioners said they were more concerned with making the right changes rather than making them fast. The amendment would have replaced the Police Department with a "Department of Community Safety and Violence Prevention" that backers said would take a more "holistic" approach. That approach hasn't been fully defined. 683