SEC charges eight celebrities with 'illegally touting' crypto currency

[1srelluc]

SEC charges eight celebrities including Lindsay Lohan and Jake Paul with 'illegally touting' crypto currency and not disclosing what they were being paid.

As well as Lohan and Paul, the regulator charged rappers Soulja Boy and Lil Yachty, singers Akon, Ne-Yo and Austin Mahone, and pornstar Kendra Lust.

They are accused of touting cryptos without disclosing they were being paid.

The eight are charged alongside Chinese entrepreneur Justin Sun who, as well as paying the celebs, allegedly manipulated coin prices with fraudulent trades

SEC charges 8 celebs inc. Jake Paul with 'illegally touting' cryptos

Kendra Lust....Not guilty!

 

[pknopp]

People didn't realize they were being paid? I'm trying to sort this out. I watch commercials every time the television is on. The people in the commercials don't inform me they are being paid.

 

[JoeMoma]

People didn't realize they were being paid? I'm trying to sort this out. I watch commercials every time the television is on. The people in the commercials don't inform me they are being paid.

I thought Shaq did those car insurance commercials for free.

 

[odanny]

I'm glad I don't know who any of those people are, outside of Lohan, and all I know about her is she is a train wreck. And how about all the athletes like Brady and Curry? They touted this garbage too.