Lindsay Lohan, Akon, and Soulja Boy are among a list of celebrities who were slapped with charges by the Securities and Exchange Commission.
The celebrities and influencers are being charged with illegally touting cryptocurrencies such as Tronix and BitTorrent without disclosing the compensation they were receiving.The SEC announced the charges against Lindsay Lohan, Jake Paul, DeAndre Cortez Way , Austin Mahone, Michele Mason , Miles Parks McCollum , Shaffer Smith , and Aliaune Thiam on Wednesday.
According to a press release, Sun is accused of the"unregistered offer and sale of crypto asset securities Tronix and BitTorrent ."
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