It is Very strange ,that Harvey Weinstein is at the very same hotel in Beverly Hills that the golden globe press is being done at. I smell a Rat.
— Rosanna Arquette (@RoArquette) January 4, 2018
Pulp Fiction actress and Weinstein accuser Rosanna Arquette shared a tweet calling it “very strange” that Weinstein was staying in the same Beverly Hills hotel as the one being used for Golden Globe Awards press. (Arquette’s Twitter account is unverified, but the tweet linked up to a Facebook account in her name as well.)
“It is Very strange ,that Harvey Weinstein is at the very same hotel in Beverly Hills that the golden globe press is being done at. I smell a Rat,” she wrote.
Actress Ellen Barkin later tweeted from her verified account wondering if Weinstein was in the area.
Is serial rapist harvey weinstein in los angeles? on the wknd of the Golden Globes. Why? WHy? WHY?
— Ellen Barkin (@EllenBarkin) January 4, 2018
The rumors that Weinstein was in Los Angeles the very same weekend women planned on wearing all black to the Golden Globes in protest of sexual harassment enraged many, but Weinstein’s rep argued that he was nowhere near L.A.
Celebs endorsing ICOs must now disclose if their social media posts are paid promotions.
When celebrities endorse things on social media, a lot of people tend to take their word for it. Now that some of them have also begun endorsing a controversial means of crowdfunding called “initial coin offering” or ICO, which was recently banned in China and South Korea, the US Securities and Exchange Commission has had to step in with a warning. Since ICOs are an unregulated means to raise money using cryptocurrencies, people could use them to sell products that don’t exist or to entice investors to sink their money into projects that will never materialize. That’s why SEC has decided to be on the lookout for celebrity ICO endorsements to protect potential investors.
The agency’s warning says:
“Any celebrity or other individual who promotes a virtual token or coin that is a security must disclose the nature, scope, and amount of compensation received in exchange for the promotion. A failure to disclose this information is a violation of the anti-touting provisions of the federal securities laws. Persons making these endorsements may also be liable for potential violations of the anti-fraud provisions of the federal securities laws, for participating in an unregistered offer and sale of securities, and for acting as unregistered brokers.”
SEC’s warning comes after The New York Times published a piece on celebrities like Floyd Mayweather and Paris Hilton endorsing various ICOs. The famous boxer help a Miami-based ICO called Centra Tech raise $30 million. According to the publication, Centra Tech’s founders created a chief executive that doesn’t exist. In addition, despite promising a Visa or a Mastercard debit card to its backers that will supposedly allow them to spend their Centra coins anywhere, the company reportedly doesn’t have any kind of deal or partnership with either credit card company.