Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than $100,000 after a U.S. district court approving a settlement.
According to records filed Nov. 17 in the U.S. District Court for the Northern District of Georgia, Chance White, Owen Smith, and William Sparks Jr. will pay $102,992 in a settlement covering penalties, fees, and disgorgements for their role in selling tokens in initial coin offerings, or ICOs, for FLiK and CoinSpark. T.I., a rapper, singer, and songwriter, has won three Grammy Awards and had several hit singles including Whatever You Like and Live Your Life.