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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
MODESTO, Calif. (AP) — A Mexican national was charged with murder Wednesday in the shooting death of a California police officer last week, prosecutors said.Gustavo Perez Arriaga was expected to be arraigned later in the day in Modesto, said John Goold, spokesman for the Stanislaus County District Attorney's Office. Authorities say Perez Arriaga was in the country illegally and had previous arrests for driving under the influence of alcohol.He was arrested Friday after a dayslong manhunt as he prepared to flee to Mexico, officials said. He is accused of killing Cpl. Ronil Singh of the tiny Newman Police Department, who pulled over the suspect Dec. 26 to investigate if he was driving drunk.The 33-year-old Singh was married and had a 5-month-old son. He was also an immigrant, coming to the U.S. legally from his native Fiji to pursue his dream of serving in law enforcement, authorities have said. He joined the 12-officer Newman police force in 2011.A complaint lists three aliases for Perez Arriaga, including one matching that of two brothers who were arrested on suspicion of helping him evade authorities. Five others have also been charged with helping him.The case has rekindled a debate over California's sanctuary law that limits cooperation with federal immigration officials. President Donald Trump seized on the case to call for tougher border security amid a fight with congressional Democrats over funding for a border wall, which has forced a 12-day partial government shutdown.It could not be immediately determined if Perez Arriaga had an attorney who could speak on his behalf. 1612
MILWAUKEE, WISCONSIN — A Milwaukee mother is livid that her 5-year-old son with autism was able to walk away from school. He was gone for about an hour and no one even knew he was missing until a stranger picked him up in a car."I can't believe my baby was out of the street and nobody had any idea that he was even missing," said the boy's mom Crystal Borzick.Her son, Blake Greenley, made it to the middle of busy Mill Road near 87th when a stranger spotted him trying to cross."His face was red," said Karen Stacy. "He was very cold. He was crying."Stacy said several cars slammed on their brakes when the boy darted across Mill Road to the median around 11 o'clock Thursday morning. She stopped and got out to try to find out what was wrong.Greenley has autism and does not usually speak to strangers. Stacy finally got him in her car and called the police. She was shocked to find no one reported him missing so she posted his picture on Facebook while she waited for officers.A friend of Borzick shared it with her on Facebook."That's the picture I got sent," said Crystal Borzick. "And as a mom, that made my stomach sink."She frantically called his school, Bruce Elementary."Nobody even has an idea that my son is missing from the school," said Borzick.Officers brought him back. When Crystal saw him she said she broke down."I cried," said Borzick. "I cried. I hugged him like I have never hugged him before. It was a relief sigh of relief, but it's also like I can't believe my baby was out of the street."She said she was told by the school her son might have left after lunch and that his regular teacher was out and a substitute was teaching.Milwaukee Public Schools gave a statement on the matter."We are grateful Blake was quickly found by a concerned community member and that he is safe. We are investigating this incident and, therefore, cannot comment further," said Andy Nelson, media manager for Milwaukee Public Schools."I have never been so scared in my life to know that anything could have happened to my child and nobody would have even known," said Borzick.She said Blake will not go to school tomorrow and she is not sure when he will return. 2198
NATIONAL CITY, Calif. (KGTV) — Police have arrested two suspects in the death of a teenager found in a National City alley in November.National City Police said Friday that 18-year-old Jonathan Cardona Martinez, of San Diego, and 18-year-old Alan Monroy, of Chula Vista, were arrested for the murder of 17-year-old Ivan Rojas on Nov. 27.Rojas was found just before 1:30 a.m. in the west alley of 1900 C Avenue suffering from multiple gunshot wounds. First responders arrived and performed life-saving measures, but Rojas died at the scene.Both Martinez and Monroy have been arraigned on first-degree murder charges and are being held on million bail.Anyone with information on the case is asked to call National City Police at 619-336-4460. 751
Nashville, Tennessee, is known for serving up entertainment and alcohol.“You’re thinking you’re coming here to see mountains, no,” said Reggie Small, general manager of Tailgate Brewery Music Row. “In Nashville, you’re eating and drinking and having a good time."Bartenders like Small are having a tough time making tips like they used to.“You’re used to that everyday paycheck, everyday money from your day shift to the end of the night,” he said. “But without having that, your savings are going to run out sooner or later.”When the COVID-19 crisis first hit, Small had to cut his staff to managers only. Fewer customers bellying up to the bar meant sales started to slip, not only in Nashville, but across the country.“It’s devastating everywhere,” said Aaron Gregory Smith of the United States Bartenders’ Guild. “And the hardest thing is just not knowing what is going to happen next week or next month.”Smith and his team recently started the Bartender Emergency Assistance Program COVID-19 Relief Campaign, giving away nearly .5 million to more than 32,00 bartenders across America.“We feel pretty good about getting money into hands of people who pretty much overnight lost their jobs, lost their income,” Smith said.The money comes from a combination of alcohol suppliers and individual donors. To get the money, bartenders needed to fill out an application and they’re selected based on need.That money, however, recently ran out. The US Bartenders’ Guild is now looking for more fundraising and government assistance.“It’s hard to watch a community, an industry that I’ve been part of going on 25 years now, going through the really most catastrophic shift that we’ve been through since prohibition,” Smith said.For bartenders like Small, he’s adjusting to keep his staff making money as the winter months move in and outdoor dining becomes less of an option.“Not having job security is really, really stressful on people,” he said. “I’ve seen it been a struggle for a lot of people in the profession just because of the everyday unknown.” 2060