Connect with us

News

T.I. Settles Charges With SEC Over Fraudulent Cryptocurrency

Rapper, actor, producer, club owner, investor. T.I. has long been a proponent of diversifying his streams of income and is known as a keen entrepreneur that is always quick to impart financial wisdom and advice on his followers.

However, it’s that same eagerness that recently landed the Atlanta rapper in trouble with the Securities and Exchange Commission. He was charged by the SEC as part of Atlanta-based movie producer Ryan Felton’s fraud scheme. The charges allege that Felton “misappropriated funds” and “engaged in manipulative trading” to inflate the price of the Spark tokens he was offering. 

Advertisement

Felton first recruited Tip to promote FLiK, who then “falsely claim[ed] to be a FliK co-owner and encourag[ed] his followers to invest in the FLiK ICO,” according to an SEC press release

An ICO, or initial coin offering, refers to an Internet-based method of crowdfunding for new cryptocurrencies. 

Advertisement

Lars Niki/Getty Images for BET

Tip, along with his social media manager, William Sparks, were charged with promoting fraudulent ICOs that were not registered with the SEC. The two have since settled their civil charges with the SEC, paying a $75,000 fine and agreeing to refrain from marketing or selling securities for a minimum of five years.

In a statement given to HipHopDX, a representative for T.I. asserted that the rapper “regrets his involvement with Mr. Felton.” The SEC’s claim alleges that Felton used the misappropriated funds he embezzled and “the proceeds of his manipulative trading to buy a Ferrari, a million-dollar home, diamond jewelry, and other luxury goods.”

Advertisement
Advertisement

Stay updated! Click the Google News follow button for more news and updates.

Follow on Google News

Music

Radhika Vekaria’s new single “Liberate”

Radhika Vekaria’s new single “Liberate” is a gentle and pensive number hosting a bevy of emotions. I hear this song as a musical prayer; it is no coincidence that a significant portion of its lyrical content invokes the Maha Mritjunjaya mantra. Synthesizing Indian and modern pop influences into a greater whole has always been at the forefront of Vekaria’s art, and “Liberate” illustrates her growing confidence in this endeavor. By the song’s end, any arbitrary lines of distinction dividing these worlds blur and all voices become one.

URL: https://www.radhikavekaria.com/

Advertisement

I feel confident saying it’s the only song with pop inclinations where you will hear the Maha Mritjunjaya mantra. Her adherence to Eastern spirituality is an integral component of her life and art. Finding a way to marry those concerns with the structure of a Westernized pop song is one of the central gifts of Vekaria’s art and never fails her during this track. It doesn’t pull “Liberate” in obscure directions. I don’t believe you need to be conversant with the language nor the philosophy underpinning her beliefs for “Liberate” to have its desired effect on listeners.

It’s a song about transcendence, about enduring the slings and arrows of life’s outrageous fortune, yet rising above it all at peace and victorious in the end. I feel confident, as well, in saying that Vekaria would identify her biggest challenge as overcoming her personal foibles – the doubts and fears that plague each of us. They dwarf whatever challenges the world and others may direct towards her. “Liberate” testifies to this ongoing struggle with eloquence and a well-honed sense of drama.

Advertisement

https://www.youtube.com/watch?v=nLyoVxxTnKM

Yet that drama is never overwrought. She tempers each line of “Liberate” with a presiding intelligence and equanimity of spirit that keeps the number on an even keel from beginning to end. It does have emotional and musical high points, without question, and she orchestrates those moments for maximum effect and never overindulges herself scaling those heights. “Liberate” is a measured performance from its first seconds through its final notes.

Advertisement

The blending of spiritual-minded language and straightforward lyrics never proves daunting. This is especially true when she blends these two seemingly disparate languages near the song’s conclusion. It’s here where “Liberate” truly achieves the dimensions of a prayer as the fervency of Vekaria’s voice reaches deeper into us. Her intensity and the surrounding whirlwind of sound combine to end the single on a rousing note.

https://open.spotify.com/track/5lckcBY3XYB5vzhl5hYHiB?si=eY2i0kb4SHG5oggFZdUWKQ&nd=1&dlsi=90bf5bc2e7f649d8

Advertisement

I feel she’s shared something special with us. Perhaps it is an intimate glimpse into her heart, into the bedrock of her life, but it is special. That intimacy is never embarrassing. Instead, it empowers us to surge forward into our own lives with the same dedication that she shows to self-understanding – and, more importantly, finding peace with one’s self. There is no question that “Liberate” points the way toward such self-realization. It’s inarguably one of Radhika Vekaria’s finest songs yet and shows why she’s one of the most vital artists working in modern music. We’re lucky to have her.

Skyler Voss

Advertisement
Continue Reading

News

Kate Middleton’s Mother’s Day Photo Sparks Mystery – Royal Apology Unravels Conspiracy Theories

Kate Middleton

Kate Middleton’s Mother’s Day Photo Sparks Mystery – Royal Apology Unravels Conspiracy Theories

Kate Middleton, the Duchess of Cambridge, found herself in the midst of controversy this Mother’s Day after an edited family photo she shared raised eyebrows and fueled conspiracy theories. The viral picture depicted the Duchess with her children, accompanied by a caption expressing gratitude for the overwhelming support received over the past two months.

Advertisement

Facing mounting backlash and widespread speculation, Middleton took to Twitter to issue a statement admitting to the photo manipulation. “Like many amateur photographers, I do occasionally experiment with editing,” she confessed. “I wanted to express my apologies for any confusion the family photograph we shared yesterday caused. I hope everyone celebrating had a very happy Mother’s Day.”

The apology comes at a time when the Princess of Wales’ activities have become the focal point of numerous conspiracy theories. Speculation intensified following her abdominal surgery in January, with rumors circulating about her health status. Palace officials confirmed the success of the surgery and announced Middleton’s temporary withdrawal from public engagements to facilitate her recovery.

Advertisement

As days pass without Middleton making public appearances, the rumors surrounding her health have gained traction. Stay tuned for updates on Kate Middleton’s situation as we closely follow the unfolding events on Honk Magazine.

Advertisement
Continue Reading

Video Of The Week

Trending