- The US Securities and Exchange Commission hopes to collect more than $200,000 from actor Steven Seagal.
- It said he owed him money because he did not disclose that he was paid for promoting digital tokens.
- Siegel currently lives in Moscow.
Steven Seagal, who starred in the movie Beyond the law, Found that even relocating to Russia does not mean that he is beyond the jurisdiction of the U.S. court, because the U.S. Securities and Exchange Commission won his verdict.
A federal judge in Brooklyn, New York stated that the SEC could try to collect more than $200,000 through Seagal’s business manager, who owed the US government for failing to disclose that he was paid for advertising digital tokens.
U.S. District Judge William Kunz signed the order on Friday, allowing the SEC to recover the remaining fines, penalties and interest. According to a letter from SEC lawyer Maureen Peyton King, Seagal agreed to pay more than $330,000 in illegal gains, but the actor only paid $75,000 and owed the remainder.
Siegel’s spokesman Chris Nassif did not immediately comment on the court order.
Seagal agreed with the settlement committee’s allegations that he has been promised to provide $250,000 in cash and $750,000 in tokens to facilitate Bitcoiin2Gen’s ICO. In a social media post, Siegel urged fans not to miss the event. The actor resolved the allegations without admitting or denying wrongdoing.
According to the committee, Siegel, who currently lives in Moscow, did not respond to the SEC’s repeated requests after making the first payment. Russian President Vladimir Putin issued a presidential decree in 2016 granting actors Russian citizenship.
Kunz instructed Siegel or his representative to appear in court last week to respond to the US Securities and Exchange Commission. But on Friday, neither Siegel nor his former lawyer and manager showed up.
After Kunz signed the order on Friday afternoon, Peton King asked if she could send the documents to King’s business manager.
“Of course, yes,” Kunz said with a smile.
