Former Boston Celtics player Paul Pierce will be subject to a hefty fine as he settles charges from the Securities and Exchange Commission.
The SEC claimed former Boston Celtics player Paul Pierce committed violations of securities law by not being transparent with the public about the more than $244,000 in EMAX tokens the regulator said he received to tout the asset on Twitter.claimed Pierce committed violations of securities law by not being transparent with the public about the more than $244,000 in EMAX tokens the regulator said he received to tout the asset on Twitter.
The SEC said Pierce cannot engage in any touting of crypto asset securities for a period of three years.
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