The legend of professional boxing Mike Tyson said that he had nothing to do with the blockchain platform for Fight to Fame fighters, and all the materials in the media that claim the opposite are untrue.

I am not involved with Fight to Fame or their countdown website, nor will I be involved with anything related to Fight to Fame now or in the future. Any media reporting my current involvement isn't accurate.

– Mike Tyson (@MikeTyson) August 14, 2019

Earlier, some media reported that Tyson will head the Fight to Fame Sports and Competitions Committee, which in addition was supposed to hold the Tyson Token token sale in early June.

However, according to research firm Cointelligence, Fight to Fame is a "frank scam." Representatives of the project demanded that the corresponding publication be removed, threatening with legal consequences, but the analysts did not succumb to the threats.

3/9 Following our research, we published our finding on May 26th https://t.co/JQgbM6ckA1 , three weeks later on June 12th, we received communications from George Kong and Zhao Coco requesting we remove the article lest it hurt their token sale.

– On Yavin (@on_yavin) August 17, 2019

Thus, the founder of Fight to Fame, Shi Jianxian, a resident of Hong Kong, is suspected of carrying out fraud with fundraising in the amount of up to $ 1.5 billion (10 billion yuan). According to the prosecutor’s office of the PRC , in 2014, the Shanghai Kuailu Investment Group was on the verge of bankruptcy, and then Jianxian (CEO) and a number of top managers entered into a criminal conspiracy to create a financial pyramid.

From March 2014 to April 2016, according to investigators, East Hongqiao Small-Sum Credit Co. attracted about 40 billion yuan, but only 9.8 billion yuan was actually stolen, all the rest of the money was supposedly used as payments to the early investors of the pyramid.

In 2016, Jianxian left China and traveled to the United States. At the moment, he is wanted not only by the Chinese authorities, but also by Interpol.

It should be noted that Tyson and Jianxian, apparently, have known each other since at least 2015, when together they presented the film Ip Man 3 , in which the athlete played one of the key roles.

Shi Jianxian in the middle, June 13, 2015 – photo by ChinaFotoPress

The wife and manager of the boxer, Lakia Tyson, explained that they really discussed the possibility of cooperation with the founder of the project several years ago, but then refused. It is noteworthy that at one of the New Year's parties, Jianxian allegedly asked Tyson to read the text approved with his wife on camera, but in the end the boxer was given the announcement of the launch of Tyson Token, which he read.

After this incident, the family turned to Lavely & Singer Law Firm, whose representatives soon sent Jianxiang to immediately stop using Mike Tyson’s name to promote the project.

Recall that last year the US Securities and Exchange Commission (SEC) fined American boxer Floyd Mayweather and music producer DJ Khaled for promoting Centra Tech's ICO on social networks.

Mayweather and DJ Khaled neither acknowledged nor denied the SEC's allegations, but agreed to pay the illegally earned income, fine, and interest. For Mayweather, the total amount was $ 614,775, and for DJ Khaled – $ 152,725.

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