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Maya Yang: sues including Lindsay Lohan for endorsing cryptocurrencies: SEC charged eight celebrities for ‘illegally touting and/or BTT’, along with Tron founder Justin Sun

"'This case demonstrates again the high risk investors face when crypto asset securities are offered and sold without proper disclosure,' the SEC chair, Gary Gensler, said in a statement.

All mentioned celebrities except for Soulja Boy and Austin Mahone agreed to pay a total of over $400,000 in disgorgement, interest and penalties to settle the charges, without admitting or denying the SEC’s findings."


theguardian.com/technology/202

#sec #celebrities #trx #btt #cryptocurrency #crypto #lindsaylohan #justinsun #souljaboy #lilyachty #kendralust #akon #austinmahone #jakepaul #neyo

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