Actor Steven Seagal Fined by SEC for Touting Token Offering

  • Action star allegedly didn’t disclose he was being paid
  • He joins other celebrities in being sanctioned by regulators
Steven SeagalPhotographer: Chris J. Ratcliffe/Bloomberg
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Steven Seagal may have starred in “Above the Law,” but it turns out he isn’t in real life.

The 67-year-old Hollywood actor, who also appeared in “Under Siege,” became the latest celebrity punished by the U.S. Securities and Exchange Commission for failing to disclose that he was being paid to promote a digital token.