T.I. and Kevin Hart Endorsed a Crypto Scam

4 years ago
165

T.I. and Kevin Hart recently got into a little legal trouble amid the SEC finding out that the Flik ICO was all a scam.

T.I. and Kevin Hart both endorsed the crypto ICO on their social media to their millions of followers which boosted the price of the crypto currency. Unfortunately, many investors lost all of their money when it was found out that the entire thing was a scam and the owner, Ryan Felton, was found to have used all of the proceeds to buy a Ferrari, million-dollar home, and jewelry.

Beranger vs. Harris (T.I.) case: https://www.morrisoncohen.com/siteFiles/files/Beranger%20v_%20Harris%20et%20al_%20-%20First%20Amended%20Complaint.pdf

Plaintiffs vs. Flik and Ryan Felton: https://www.sec.gov/litigation/complaints/2020/comp-pr2020-207.pdf

T.I. cease & desist proceedings: https://www.sec.gov/litigation/admin/2020/33-10836.pdf
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T.I. and Kevin Hart Endorsed a Crypto Scam

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