U.S. Government Hits Fyre Festival Founder Billy McFarland With a $24.7 Million Fine

The U.S. Securities & Exchange Commission (SEC) announced today that it has agreed to settle all charges against Fyre Festival founder Billy McFarland. McFarland founded both Fyre Media and a credit card company called Magnises (dubbed the ‘black card for Millennials‘).  Those apparently sounded like viable ideas, though both McFarland and his associates got caught […]

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