Floyd Mayweather and DJ Khaled dodge a lawsuit

Celebrities are a good way to create some hype surrounding your ICO, but what happens if the ICO turns out to be a scam?

Several Celebrities were involved in promoting ICO's as influencers in 2017-2018. Well known names as: The Game, Paris Hilton, Steven Seagal, John Mcfee, Dj Khaled and boxer Floyd Mayweather are amongst the celebs who helped promote different fund raising cryptocurrencies.

The last of the list promoted Centra tech, and ICO facing charges from the SEC. Dj Khaled and Mayweather dodged a bullet and were dismissed from a lawsuit.

According to the judge, the investors who lost their money already invested in the ICO prior to promotions of the boxing and music stars.