The SEC blames DJ Khaled, Floyd Mayweather, for promoting ICOs without disclosing payments

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Floyd Mayweather Jr. talks with DJ Khaled after the match between the Golden State Warriors and the Los Angeles Clippers on February 20, 2016 at the STAPLES Center in Los Angeles, California.

Andrew D. Bernstein | National Basketball Association | Getty Images

Floyd Mayweather Jr. talks with DJ Khaled after the match between the Golden State Warriors and the Los Angeles Clippers on February 20, 2016 at the STAPLES Center in Los Angeles, California.

Professional boxer Floyd Mayweather and music producer DJ Khaled increased their initial coin offerings without informing investors that they were receiving promotion fees, according to a settlement announced Thursday.

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