Steven Seagal Not ‘Above The Law’ In Crypto Currency Debacle

Steven Seagal has been in some good and very bad movies. Apparently he was also once the “Brand Ambassador” for a crypto currency company. Unfortunately, he used social media to promote the currency which is a violation of securities rules and regulations.

The company he represents was issued a cease and desist and Segal left the position thereafter. Now, it appears that Seagal has settled with the SEC over the situation.

Seagal “failed to disclose he was promised $250,000 in cash and $750,000 worth of B2G tokens in exchange for his promotions,” which included posts plugging Bitcoiin2Gen and its initial coin offering in 2018, the SEC says. “Bitcoiin” is not a typo.

Steven Seagal settles with SEC over 2018 cryptocurrency promotion – The Verge

This applies to everybody, regardless of your website audience size, traffic, social media followers, etc: don’t do this. Ever.

Especially those of you reading this with any type of internet or real “celebrity” status and are using affiliate links and other advertising to your followers, always give the proper disclosure if you’re paid and never, ever, ever recommend securities or investments. That’s just asking to have the feds come knocking.

You’d think Steven Seagal who spent time as a law enforcement officer (cough – Lawman — cough) would realize that this activity was prohibited. Maybe that’s what the SEC thought, also.

One thing I’ll say about Seagal not related to this case. He doesn’t look as much like the Steven Seagal we all remember from the 80s and 90s. Hey, very few of us do, but in 2016 Seagal starred in six movies. Some actors and actresses are lucky to be 1-2 per year, but he was in six.

He was in three movies in 2019. None so far in 2020. Seagal’s first few movies were among his best: Above The Law, Under Siege, Hard To Kill, Marked For Justice and he remains an actor I’m somewhat interested in, but will admit it’s been a long time since I’ve seen anything he’s been in that I enjoyed. Any reader recommendations of Seagal movies in the last say 10 years that he’s been in that are good?

3 thoughts on “Steven Seagal Not ‘Above The Law’ In Crypto Currency Debacle

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