Seems more like...
... a bootnotes article.
Improbable Hollywood ninja Steven Seagal has been fined by America's financial watchdog for hiding details about a paid promotion he did for a crypto-coin investment upstart. The Under Siege star agreed to settle charges that he did not disclose having received cash and digital payments before he made endorsements for …
Bitcoiin2Gen. Three 'i's. And triple the stupidity. and triple the scamming.
I didn't know that Steven "Worst Actor In Hollywood" was still alive. (Yes, he's worse than Adam Sandler. He's even worse than William Shatner. He's a worse actor than Uwe Boll is a director. He's so bad that porn guys are better.)
I feel that "quite good" is going a bit far...
I highly recommend Thom Tuck's 'Straight to DVD', a brilliantly silly comedy for Radio 4 - which I've just found: Youtube linky
I saw one of his films a while back, after hearing the show, so was intrigued enough to watch. All Thom's rules seem to apply, including scene in strip club and crucial fight scene at Baddy's House.
There's one brilliant bit of editing, where they've clearly had to re-do some dialogue. Either due to an emergency script change, to try to get the plot to work, or because of a technical failure. But Steven Seagal can't be arsed to go into a local studio and read the lines, so they've got one of those impersonator guys to do it for him, they guys who used to dub "melon farmer" over Eddie Murphy's dialogue in the days when ITV wouldn't show 'Beverly Hills Cop' uncut.
So Seagal has been too lazy to take half a day out of his busy schedule to do some voice work on a film that he "wrote", "directed", starred in and produced! Talk about an artist's attention to detail...
The early movies where he was the actor, were quite good in a stupid 90s action flick way. After Under Siege (which is a very good movie) the fame went to his head and he just crapped one dumb vanity movie after another. Sometimes 3, 4 or 5 of them in a single year. Most of them are such low quality non-theatrical filler that they haven't garnered a single review on Rotten Tomatoes.
I also quite liked 'Under Siege 2'. The one and a bit of his straight to DVD shit that I've seen doesn't even make the effort to have a good baddie. Which is surely (more than) half the fun of a competently made action movie.
I'm seriously considering hitting the anonymous button at this point...
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he's alive, although his unmatched acting skills have fallen into certain obscurity in the decadent western societies. That said, I recently had a glimpse of him, chasing a 40 yr old Romanian police car in Bukarest (or being chased, same difference). I also have a vague impression, he keeps churning his masterpieces pretty regularly, perhaps even more than one per year. Strangely though, I never saw him in any of those Russian, Soviet-style WW2 works of art of late, I think he should divert a bit before they stuff him and put him at Madame Tussauds...
Virtually all "initial coin offerings" are just a scam - "buy our scrip for $$$ and you'll make a fortune trading it!!". Except of course you don't and all your money disappears in a puff of smoke.
The scammers often liken it to an initial public offering, except of course when you buy a share in a company it has an intrinsic value and various legal guarantees that a digital token does not.
While I don't have a problem with the fine (do the crime - do the time) my problem is with the premise that disclosure in a case like this would have made any difference.
Any individual who invests in something like this who DOESN'T assume that a celebrity endorsing it is receiving compensation is already too stupid for the lack of disclosure to have an impact on their decision process. It doesn't matter whether the amount of compensation is $100 or $1 Million.
It might not have made a difference but it certainly nailed Seagal to the wall in this instance. And if there are laws that require it then any celeb prepared to whore their good name for a shady bitcoin service should probably do their legal due diligence first.
Dear El Reg,
Did you say in this article that Steven Seagal issues webinars? Surely this must be an error on your part. As I can't believe I live in a world where people go online in order to be educated by the wisdom of Steven Seagal. That would not be a good world to live in.
I therefore demand that you remove this from your article on the grounds that you've clearly made it up! And if you haven't, I'd rather not know anyway.
Thanks. I'm just off to read 'How to be a Nicer Person' by Donald Trump...