This is what the US Financial Supervisory Authority SEC writes in a press release which was discussed by, among others, CNBC. Among the accused are several well-known names: Actor Lindsey Lohan Influencer Jake Paul DeAndre Cortez Way, better known as the rapper Soulja Boy Shaffer Smith, better known as the artist Ne-Yo Aliaune Thiam, known as the artist Akon Miles Parks McCollum, also known as the rapper Lil Yachty Artist Austin Mahone Porn star Michele Mason, also known as Kendra Lust The charges from the Financial Supervisory Authority SEC are part of a larger case against the crypto platforms Tronix and BitTorrent. The founder, Justin Sun, is accused of committing fraud and manipulating the trading activity. Rapper Soulja Boy is among the two celebrities who have not agreed to pay back interest and fines. Photo: Chris Pizzello / AP Lohan, Paul and several other American celebrities who have promoted the crypto platforms have agreed to pay 400,000 dollars – just over NOK 4.2 million – in restitution, interest and fines. They do this without acknowledging or denying any form of criminal guilt. Soulja Boy and Austin Mahone are the only ones who have not agreed to the repayment. According to the press release, the celebrities should have been encouraged not to say that they were paid to take part in campaigns in social media where they promoted the crypto platforms. – Sun encouraged investors to buy TRX and BTT by setting up campaigns where he and celebrities did not say that the celebrities were paid for their tweets, says SEC chief Gary Gensler in a statement from the regulator.
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Lindsay Lohan and Jake Paul charged with crypto-offence – news Urix – Foreign news and documentaries
