FOREIGN

DJ Khaled And Floyd Mayweather To Face Charges By US SEC For Illegally Promoting Bitcoin

Published

6 years ago

November 30, 2018

FAB.NG

DJ Khaled and?Floyd Mayweather charged by US SEC for Illegally promoting Bitcoin

Boxer Floyd Mayweather Jr and music producer DJ Khaled will pay thousands of dollars to settle charges for violating US financial laws

The US Securities and Exchange Commission announced the settlement on Thursday as the US financial regulator said the men failed to disclose payments they received to promote certain cryptocurrency investments.

The men neither admitted nor denied the claims, but agreed to pay combined penalties totaling more than $750,000. The two cases are the first the SEC has brought over touting violations involving initial coin offerings or ICOs, a relatively new investment vehicle associated with crypto-currencies. An ICO allows people to invest in a company by buying “tokens” or “coins” that it issues.

Despite the new language, the SEC has warned investors that it views many of the offerings as investments governed by existing securities laws. Those rules require disclosure of payments in exchange for publicity. In this case, the SEC said Mayweather received $300,000 to promote three separate offerings, including one by Centra Tech, a Miami company that the SEC accused of fraud in April.

Mayweather’s promotions included a message to his Twitter followers that Centra’s ICO “starts in a few hours. Get yours before they sell out, I got mine…” Khaled was paid $50,000 by the same company, the SEC said.

The SEC said DJ Khaled agreed to repay the $50,000 he received for the endorsement, as well as a $100,000 fine and interest while Mayweather will repay the $300,000 he received, as well as a $300,000 fine and interest.

SEC Enforcement Division Co-Director Steven Peikin said the cases were a reminder that investors should “be sceptical of investment advice posted to social media platforms, and should not make decisions based on celebrity endorsements”.

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FOREIGN

Lee Min-Ho Returns To The Big Screens In Netflix’s “When The Stars Gossip”

Published

15 hours ago

November 21, 2024

Reporter

Lee Min-Ho back to the screen in When The Stars Gossip | fab.ng

Lee Min-ho is set to make a triumphant return to the big screens with Netflix’s upcoming South Korean series When The Stars Gossip.

After a well-planned hiatus, the iconic actor will star in this highly anticipated sci-fi romance alongside Gong Hyo-jin.

The series will premiere globally on January 4, 2025. Netflix K-Content announced it with exclusive first-look images that tease a captivating narrative exploring love and life among the stars.

In the series, Min-ho takes on the role of an OB-GYN who becomes a space tourist. Meanwhile, Gong portrays a space mission commander. Their characters promise an exciting dynamic that blends romance and adventure in an interstellar setting.

Renowned as one of South Korea’s most celebrated actors, Lee Min-ho rose to international fame with his breakout role as the charismatic Gu Jun-Pyo in the 2009 drama Boys Before Flowers.

His performance earned widespread acclaim and established him as a key figure in the global Hallyu wave. Over the years, he has enthralled audiences with his performances in hit dramas. These dramas are The Heirs (2013), Legend of the Blue Sea (2016), and The King: Eternal Monarch (2020).

Known for his selective approach to roles, Min-ho consistently curates projects that highlight his versatility, leaving fans eagerly anticipating his next move.

His most recent major project, Apple TV+’s Pachinko, showcased his exceptional acting skills. In seasons one (2022) and two (2024), Min-ho delivered a critically acclaimed performance as Koh Hansu, a morally complex and nuanced character. This role further cemented his reputation as a versatile and skilled actor.

Lee Min-ho’s deliberate approach to choosing projects has elevated the anticipation for When The Stars Gossip. Fans are thrilled to see him return to the small screen in a fresh and compelling narrative.

The series boasts an impressive supporting cast. They include Gong Hyo-jin (When the Camellia Blooms), Oh Jung-se (It’s Okay to Not Be Okay), Han Ji-Eun (Be Melodramatic), Kim Joo-hun (Castaway Diva), Lee El (My Liberation Notes), Lee Cho-hee (Once Again), and Heo Nam-jun (Sweet Home).

Our squeals of excitement just broke the sound barrier:

OB-GYN-turned-space-tourist #LeeMinho meets space mission commander #KongHyojin in sci-fi rom-com #WhentheStarsGossip.

This star-studded series with #OhJungse, #HanJieun, #KimJuhun, #EL, #LeeChohee, and #HeoNamjun is… pic.twitter.com/8s0nvdZTA9

— Netflix K-Content (@netflixkcontent) November 20, 2024

Indeed, the show promises to captivate audiences worldwide with its unique mix of sci-fi and romance.

Check out more movie updates here.

ENTERTAINMENT

Denzel Washington Opens Up About 15-Year Battle With Alcohol

Published

19 hours ago

November 21, 2024

Reporter

Denzel Washington On 15-Year Battle with Alcohol | fab.ng

Hollywood icon Denzel Washington recently disclosed his past struggles with alcohol during an interview with Esquire.

The two-time Academy Award winner candidly shared a fifteen-year pattern of wine consumption. What began as a casual habit gradually escalated into a regular occurrence.

He began, “Wine is very tricky. It’s very slow. It ain’t like, boom, all of a sudden,” he elaborated, recalling how a wine cellar he constructed in 1999 within his home became a place for self-indulgence.

The actor added,

“And part of it was we built this big house in 1999 with a ten-thousand-bottle wine cellar, and I learned to drink the best. So I’m gonna drink my ’61s and my ’82s and whatever we had. Wine was my thing, and now I was popping $4,000 bottles just because that’s what was left. And then later in those years I’d call Gil Turner’s Fine Wines & Spirits on Sunset Boulevard and say, Send me two bottles, the best of this or that.”

Washington also delved into his past, acknowledging his youthful experimentation with drugs. However, he emphasized that he never developed an addiction to substances such as heroin or cocaine.

He continued,

“I’m sure at first it was easy because I was younger. Two months off and let’s go. But drinking was a fifteen-year pattern. And truth be told, it didn’t start in ’99. It started earlier.”

A decade ago, as Washington neared his 60th birthday, a turning point arrived. He made the resolute decision to abstain from alcohol completely.

“I’ve done a lot of damage to the body. We’ll see. I’ve been clean. Be ten years this December. I stopped at sixty and I haven’t had a thimble’s worth since. Things are opening up for me now—like being seventy. It’s real. And it’s okay. This is the last chapter—if I get another thirty, what do I want to do? My mother made it to ninety-seven,” said Washington.

Check out more updates here.

FOREIGN

Bruno Mars Breaks All-Time Spotify Monthly Listener Record For The Second Time

Published

1 week ago

November 13, 2024

Reporter

Bruno Mars Breaks Spotify Monthly Listener Record | fab.ng

Bruno Mars now commands 130 million monthly Spotify listeners, shattering the platform’s previous record.

The Grammy winner achieved this milestone following the release of his recent collaborations: ‘Die With A Smile‘ featuring Lady Gaga and his appearance on Rose’s track ‘APT’.

These new singles mark Mars’ first musical releases since his collaboration with Anderson Paak on their Grammy Album of the Year-winning project ‘An Evening With The Silk Sonic’ in 2021.

The stellar performance of these tracks has propelled him past The Weeknd’s previous record of 120 million monthly listeners.

The Weeknd had previously made history as the first artist to attract 100 million monthly listeners on Spotify. The Canadian superstar then broke his own record by reaching an impressive 120 million listeners.

As of November 13, 2024, Bruno Mars leads the Top 20 highest Spotify monthly listeners, demonstrating his enduring appeal and growing global fanbase.

His achievement reflects both the success of his recent releases and his consistent ability to connect with audiences worldwide.

The record-breaking numbers showcase the expanding reach of streaming platforms and Mars’ commanding presence in the digital music landscape.

Top 20 highest Spotify monthly listeners as of November 13, 2024.

Bruno Mars – 130,612,563
The Weeknd – 120,522,043
Lady Gaga – 113,953,989
Billie Eilish – 107,253,116
Coldplay – 90,585,988
Taylor Swift – 91,295,938
Rihanna – 86,078,987
Ariana Grande – 83,774,575
Justin Bieber – 82,045,938
Eminem – 76,795,897
Sabrina Carpenter – 79,022,469
Ed Sheeran – 77,551,483
David Guetta – 75,488,878
Drake – 75,105,070
Post Malone – 73,161,311
Travis Scott – 71,637,037
Kanye West – 66,703,503
Shakira – 65,974,570
SZA – 65,804,982
Dua Lipa – 64,136,480

Bruno Mars, a global pop icon, has achieved a remarkable feat, solidifying his position as one of the most influential artists of the 21st century.

His music has resonated with millions worldwide, leading to record-breaking sales figures that cement his status as a commercial powerhouse.

With over 36 billion streams on Spotify, Bruno Mars boasts an impressive 14 songs that have surpassed the one-billion-stream milestone.

This remarkable achievement places him in close proximity to the record held by Canadian superstar Drake, who has 16 songs with over a billion streams.

Check out more music updates here.