The United States Securities and Exchange Commission (SEC) obtained the final judgment for an initial coin offering (ICO) promotion scheme against late entrepreneur John McAfee and accomplice Jimmy Gale Watson, Jr., filed on October 5, 2020. In the original complaint, the SEC alleged that McAfee and Watson promoted ICO investments on Twitter without disclosing that they were paid for them. Watson allegedly assisted McAfee in negotiating promotional deals with ICO issuers and cashing out the crypto payments, among other pump-and-dump charges. The U.S. District Court for the Southern District of New York found Watson guilty of violating the law and imposed a cumulative fine of $375,934.86. In addition, Watson has been barred from participating in ICO-related issuance, purchase, offer o...
Radical self-expression, extreme self-reliance, pronounced counterculture, thumping music and one-of-a-kind art installations—there’s a lot that makes Burning Man special. But for those who can’t make the quest to Nevada’s Black Rock desert, Mayan Warrior offers a taste of the experience outside the playa. Mayan Warrior, a collective of artists, craftsmen, photographers, designers, technologists and architects from Mexico City and Northern California, is behind one of Burning Man’s hottest art cars, a colossal custom truck that blends Mayan and Huichol art with modern technology. 2022 marks the collective’s 10th anniversary, and the art car is on tour in the U.S. to celebrate. On its most recent tour stop, Mayan Warrior held a doubleheader in New York, where the striking art car took...
New York will get a huge taste of Aussie-flavored tech house this weekend, when Dom Dolla descends on Brooklyn Mirage He’ll make his debut on July 1st at the famed New York venue, where he’ll perform an extended DJ set. “I’ve never been so ready,” he tweeted. “This is surreal.” Joining Dolla are Australian compatriot Torren Foot, Hot Creations co-founder Lee Foss, New York native Westend and Abco. Driven by infectious hooks and emphatic basslines, Dolla’s early singles took the Melbourne dance music community by storm. “You,” “Be Randy” (with Torren Foot) and “Take It”—released in 2016, 2017 and 2018 respectively—all topped the ARIA Club Chart. However, it was the seductive “Take It” that put him on the international stage. The track, crafted ...
New York City’s most popular EDM venue has taken over its premier electronic festival. Last week, Billboard reported that the investment group behind Brooklyn hotspot Avant Gardner is purchasing New York promoter Made Event for $15 million from LiveStyle. Settled earlier this month, the deal includes Made Event’s crown jewel, Electric Zoo, the biggest electronic dance music festival in New York. As a result of the acquisition, Avant Gardner will operate Electric Zoo this year. The 100,000-capacity fest annually takes place over Labor Day Weekend and boasts an array of famed DJs like Porter Robinson, Martin Garrix, DJ Snake, and Carl Cox. Electric Zoo. Alive Coverage Despite a strong foothold in New York’s dance music scene, Avant Gardner and Made Event have varied bac...
Kygo‘s dreams are coming true. The pioneering tropical house artist has announced a massive headlining show at Madison Square Garden on October 6th, marking first show in New York since 2018 and biggest to date. “It’s been a venue I’ve always dreamed of playing one day,” Kygo said in an Instagram post. You can purchase tickets here starting Friday, June 24th. Scroll to Continue Recommended Articles Kygo recently announced a brand new oceanfront music festival in Croatia called Palm Tree Music Festival The Getaway: Croatia Edition, which is set to take place on Zrce Beach on the Adriatic island of Pag. Alongside the impeccable curation of artists like Nora En Pure and Oliver Heldens, attendees will be able to indulge in pool parties, catamaran outing...
New York concertgoers may soon be skipping the step of squinting at the fine print when snagging tickets to their next show. New York state legislature has reportedly sent a new bill to Governor Kathy Hochul’s desk that effectively bans the practice of incorporating hidden fees into the price of concert tickets. Instead, ticket vendors will be required to disclose the “all-in” price up front, thereby eliminating the practice of piling on an array of fees while creating a long and arduous transaction process. “I agree with the statement that people should pay, and will pay, whatever they want to pay for a ticket,” Senate Investigations and Government Operations Committee chair James Skoufis told Billboard. “But they should know what that is. Oft...
New York legislation requiring ticketing companies to display “all-in” ticket prices now awaits Gov. Kathy Hochul’s signature after passing the state senate on Thursday and the assembly on Friday (June 3). Those and other new rules are meant to bring “honesty” into the ticket market, the bill’s sponsor, James Skoufis (D-Hudson Valley), chair of the Senate Investigations and Government Operations Committee, tells Billboard. Hochul must sign the bill before the existing law expires on July 1. Most notably, the bill requires primary or resale web pages for events in New York to disclose an “all-in” price that includes the ticket price inclusive of all ancillary fees, and show “in a clear and conspicuous manner” the portion of the price that represents a service charge or any other fee. The fi...
Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in New York reportedly sentenced two-year probation and six months of home detention to founder and ex-CEO Arthur Hayes. Arthur Hayes, along with the other BitMEX co-founders — Benjamin Delo and Samuel Reed — and the company’s first non-employee Gregory Dwyer, pleaded guilty to the Bank Secrecy Act (BSA) violations on Feb 24, admitting to “willfully failing to establish, implement and maintain an Anti-Money Laundering (AML) program at BitMEX.” Indictment against BitMEX co-founders and employees for violating BSA. Source: Justice.gov Pleading guilty to supporting money laundering is a punishable offense, often carrying a ...
New York’s biggest dance music venue is getting a fresh look for a stacked summer season. Avant Gardner‘s founder, owner and Chief Creative Officer, Billy Bildstein spearheaded an ambitious redesign of the already-stunning Brooklyn Mirage. “The Mirage was always meant to adapt and change, to appear and to disappear. Every new generation of the Mirage innovates with new custom methods of building modular structures, as well as with non-traditional use of the latest multi-media and entertainment technology available,” Bildstein said. “This year we’re introducing the third generation of our Mirage concept and while it will bring a lot of improvements and upgrades, and will set new standards on many levels, we found a way to keep the soul of the last generations alive.” ...