Floyd Mayweather’s Crypto “Money” At Stake In Lawsuit | Might Fight Money Kicks In Dubai Feb. 20

Image Credit: Ryan Hafey / Premier Boxing Champions

Floyd Mayweather is all about the “Money.”

The self-proclaimed “TBE” executed a “legal bank robbery” when he fought social media star Logan Paul during summer 2021.

Now he is looking to do another exhibition match in Dubai, with a boxing ring on a helipad at the Burj Al Arab Jumeirah hotel in Dubai.

Who’s Next For “Money”

His opponent might be a local United Arab Emirates-based fighter named Rashed “Money Kicks” Belhasa.

“I grew up with lions — I am not scared of any human being,” Belhasa said to Sky Sports. “I will never fear any human.”

“I never thought I would ever fight Floyd. He is the best fighter ever. When I was young, I would collect his ‘The Money Team’ caps.”

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In addition to being a fighter, Money Kicks is a social media influencer who projects his luxurious lifestyle in Dubai. If confirmed, it would not be the first time Mayweather has gone into another country to face a local star.

New Country. New Opponent.

He famously did a boxing exhibition at the Saitama Super Arena in Japan against Tenshin Nasukawa, where he knocked the local star kickboxer out in the first round.

“Mayweather’s team asked my team for a meeting,” said Money Kicks. “We thought: ‘No way will this happen!’ The same day of the meeting, I saw Mayweather saying: ‘I would love to fight Rashed.’ He is serious. It is an honor that he has called me out.”

However, Mayweather has another battle brewing in another fierce arena.

“Money” vs. Crypto

Recently, Mayweather and Kim Kardashian have been sued for promoting a cryptocurrency called EthereumMax.

According to the Los Angeles federal court complaint, the two were paid to hype the blockchain-based digital tokens to their fans. However, the suit alleges that they were “causing investors to purchase these losing investments at inflated prices.”

Additionally, former NBA great Paul Pierce was also named as a defendant in the suit. The Wall Street Journal first reported the Jan. 7 lawsuit.

Mo’ Money, Mo’ Problems

It is not the first time Mayweather has been in trouble promoting cryptocurrency investments. He was fined by the U.S. Securities and Exchange Commission in 2018 for trumpeting initial coin offerings on social media without informing that he was paid for them.

EMAX is a “speculative digital token created by a mysterious group of cryptocurrency developers,” described in the lawsuit. The developers are also named as defendants in the case.

Plaintiffs filed the case as a proposed class action for everyone who bought EMAX tokens from mid-May to late June. The complaint cites violations of California consumer protection laws.

Mayday Mayday

The suit seeks restitution for “the difference between the purchase price of the EMAX Tokens and the price those EMAX Tokens sold for,” said Huegerich v. Gentile, 22-cv-00163, U.S. District Court, Central District of California (Los Angeles).

“EthereumMax has no connection to the second-largest cryptocurrency, Ethereum. It would be akin to marketing a restaurant as ‘McDonald’sMax’ when it had no affiliation with McDonald’s other than the name similarity and the fact that both companies sell food products,” according to a footnote in the complaint.

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Rhett Butler is a Boxing Writer Association of America Journalist, Play-By-Play Commentator, Combat Sports Insider, and Former Mixed Martial Arts and Boxing Promoter. The New York City native honed his skills at various news outlets including but not limited to: TIME Magazine, Money Magazine, CNN's Wolf Blitzer Reports, and more. Rhett hosts the PRITTY Left Hook podcast, a polarizing combat sports insider's take featuring the world's biggest names.