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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. 

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. 

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.

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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.”

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Simone Smith Reflects on 29 Years of Marriage with Hip-Hop Icon LL Cool J

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In a world where celebrity relationships are often fleeting, LL Cool J and his wife, Simone Smith, stand as a testament to lasting love. After nearly three decades of marriage, Simone recently opened up about the dedication, growth, and faith that have been essential to sustaining her relationship with one of hip-hop’s most iconic sex symbols. During a heartfelt conversation on the Banking on Cultura podcast, Simone offered a refreshingly honest perspective on the challenges of maintaining a solid foundation with LL Cool J, whose name famously stands for “Ladies Love Cool James.”

Being married to a global star came with its own set of pressures, but instead of allowing outside admiration to break their bond, Simone found her strength within. “I used to get upset when women looked at him a certain way, but that was years ago,” Simone admitted. Like many in long-term relationships, she faced moments of insecurity and jealousy. Yet, with time, she realized that her peace couldn’t depend on others. “The closer you get to God, the more you understand your purpose,” she shared, emphasizing the role faith played in her personal growth. Rather than focusing on the attention LL received, Simone shifted her perspective, understanding that the only person she could control was herself.

Of course, admiration from fans is one thing, but Simone remains firm on her boundaries regarding disrespect. “The disrespect, I can’t deal with. At 54, I’m ready to take off the hoops,” she joked, referencing the classic symbol of a woman gearing up to defend her respect. This mix of self-assurance and humor has undoubtedly played a part in their lasting partnership. Simone’s words highlight the importance of resilience and evolution in marriage. She and LL Cool J have grown alongside each other, navigating both triumphs and challenges with unwavering commitment.

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Love Blooms at Tyler The Creator’s Chromakopia Show with Surprise On-Stage Engagement

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Love took center stage at Tyler The Creator’s Atlanta stop on his Chromakopia World Tour, as one lucky couple created a memory to last a lifetime. During the show, the audience witnessed a heartwarming proposal set to Tyler’s soulful hit, “See You Again.” With the iconic track’s dreamy melodies playing in the background, the emotional moment quickly became a highlight of the night and a viral sensation. The unexpected proposal brought cheers and applause from the packed crowd. In a celebratory gesture, the newly-engaged couple was handed glasses of champagne, making the evening even more special.

The sheer joy and excitement in the air were undeniable, with concertgoers capturing the romantic scene on their phones. Soon enough, the video made its rounds on social media, with fans and strangers sending their well wishes. “Aww congratulations Mrs. Jaw Bone! ❤️” one Instagram user commented, reflecting the widespread joy shared online. Moments like these prove how music can serve as the perfect soundtrack to life’s most beautiful milestones. Tyler’s Chromakopia World Tour has already been a whirlwind of unforgettable experiences.

From his first Glasgow performance in nearly a decade to two vibrant shows in Austin during St. Patrick’s Day weekend, the tour is a testament to his magnetic stage presence and unwavering connection with fans. In true Tyler fashion, he has kept things authentic and lively, pausing to playfully critique the crowd’s singing and sharing humorous anecdotes about his time on the road. While his bold visuals and artistic performances are always a highlight, this Atlanta engagement added a new layer of magic to the Chromakopia experience. It’s no surprise that “See You Again” became the song of choice for such a heartfelt moment, its lyrics of longing and devotion have made it a favorite for couples everywhere.

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