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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

Nearly a full year after the season started, the 2020-21 NHL season finally came to a close with the Tampa Bay Lightning winning its first Stanley Cup in 16 years by defeating the Dallas Stars on Monday. The Lightning won the best-of-seven series 4-2 after winning Monday’s Game 6 contest by a 2-0 ledger.The Lightning won the Stanley Cup despite not having the services of its top forward Steven Stamkos for most of the playoffs. Stamkos briefly played in Game 3 of the Stanley Cup Finals, and he even scored a goal in his short appearance.The NHL suspended its season on March 12 due to the coronavirus pandemic. After a nearly four-month hiatus, the NHL resumed action with a 24-team playoff held in two “hub” cities – Edmonton and Toronto.The entirety of the Stanley Cup Finals was played in Edmonton.Stepping up for the absent Stamkos, Nikita Kucherov and Brayden Point helped the Lightning to victory. Kucherov had a league-leading 32 points in the playoffs, followed by 31 points for Point.But it was defender Victor Hedman who won the the Conn Smythe Trophy for the playoff's most valuable player.The Lightning’s goalie, Andrei Vasilevskiy, also stepped up with an under 2 goals against average.The Lightning’s Stanley Cup victory avenged the ending to the Lightning’s 2019 season. After winning last year’s Presidents’ Trophy, the Lightning was swept by the Columbus Blue Jackets in the first round of the playoffs. Columbus was the last team from the Eastern Conference to make the playoffs last year. 1519

Mourners lined up to pay their respects to Rayshard Brooks in a public viewing at Ebenezer Baptist Church in Atlanta. A gold-colored coffin carrying the body of the man who was fatally shot by police arrived at the church just under an hour before the viewing was set to begin Monday. A handful of people were waiting outside well before the church opened. Officer Garrett Rolfe fatally shot Brooks in the back when Brooks fired a Taser in his direction while running away after a struggle on June 12. Rolfe is white. Brooks was Black. Rolfe was fired and is jailed without bond on a murder charge.Following Brooks' viewing, a memorial service will be held for him on Tuesday in Atlanta. 697

More people are making money at home than ever before. According to data from Pinterest, stay-at-home side hustles have surged.Three years ago, Atlanta resident Jason Butler, a full-time financial aid advisor at a university, decided he needed to generate more income, so he opened his own eBay store.“I got serious about it in 2016, and since that time, I've gone from selling things from like 0 a month to currently making over 0 dollars a month, selling things online,” Butler says.Butler sells a variety of items on his page, including tennis shoes, basketball jerseys, bobble heads, coffee mugs, etc. He says he gets some of those items from yard sales or thrift stores.After reading blogs about how to sell things on eBay, Butler decided to give it a shot. “I had to figure out what I knew, and I knew a lot about sports, so one of my first big flips was selling a Dwayne Wade Miami Heat jersey,” Butler says. “I found the jersey in the thrift store for and it sold literally two days later for . Since then, I was hooked.”Butler's budding side business has grown! Now, he's on track to make even more money. "If things continue to go how they will be, I’ll be at ,000 within 2 to 3 months,” he says.According data collected by Pinterest, more people than ever before are adding to their income by having an at-home side gig.The most popular at home jobs: 1393

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