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A new venture connected to Floyd Mayweather’s upcoming exhibition fight may put the fighter at risk of violating a settlement agreement with the US government. Earlier this week, a team including Mayweather announced a non-fungible token (NFT) offering connected to his June 6th exhibition against Logan Paul.
Bad Left Hook recently covered the announcement and results of a similar Canelo Alvarez vs. Billy Joe Saunders NFT offering from DAZN. But in this case, there’s an additional wrinkle: Mayweather is currently bound by a settlement agreement with the United States Securities and Exchange Commission (SEC) that prevents him from promoting financial securities.