 On February 27, 2020, the U.S. Securities and Exchange Commission announced settled charges against Seagal for failing to disclose payments he received for promoting an investment in an initial coin offering (ICO) conducted by Bitcoiin2Gen (B2G).Seagal was promised $250,000 in cash and $750,000 worth of B2G tokens in exchange for his social media promotions and a press release in which he "wholeheartedly" endorsed the ICO, which violated the anti-touting provisions of federal securities laws.Without admitting or denying the SEC’s findings, Seagal agreed to pay $157,000 in disgorgement, representing the actual payments he received for his promotions, plus prejudgment interest and a $157,000 penalty.