Actress Lindsay Lohan, YouTuber Jake Paul and six other celebrities They were accused this Wednesday, March 22, by the US body that controls the stock market for announcing financial products related to cryptocurrencies. without revealing it they were paid to do it.
Celebrities were charged in the event that is directly targeting businessman Justin Sun for trading Tronix and BitTorrent assets without registering with the authorities and for attempting to manipulate the Tronix brokerage house.
The US Securities and Exchange Commission (SEC) also claimed that Sun, whose companies sold these digital assets, artificially increased TRX trading volume in 2018 and 2019 by having its employees buy and sell the token.
Portal TMJ he also revealed the names other celebrities involved, including Lil Yachty, Ne-Yo, Austin Mahone, Kendra Lust and Akon, who promoted the products through their social networks.
According to collect The Wall Street Journal, Sun is a crypto entrepreneur and investor who paid $4.6 million to have dinner with Warren Buffett. Lohan and Paul agreed to settle the SEC’s claims without admitting or denying wrongdoing.
Source: Eluniverso
Paul is a talented author and journalist with a passion for entertainment and general news. He currently works as a writer at the 247 News Agency, where he has established herself as a respected voice in the industry.
