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The SEC charges eight celebrities, including Lindsay Lohan and Jake Paul, with “illegally promoting” cryptocurrencies

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The SEC charges eight celebrities, including Lindsay Lohan and Jake Paul, with “illegally promoting” cryptocurrencies and failing to disclose what they were paid

  • In addition to Lohan and Paul, the regulator charged rappers Soulja Boy and Lil Yachty, singers Akon, Ne-Yo and Austin Mahone, and porn star Kendra Lust.

The Securities and Exchange Commission (SEC) today charged eight celebrities, including Lindsay Lohan and Jake Paul, with “illegally promoting” cryptocurrencies.

In addition to Lohan and Paul, the regulator charged rappers Soulja Boy and Lil Yachty, singers Akon, Ne-Yo and Austin Mahone, and porn star Kendra Lust with infringements.

Lindsay Lohan appears at the Christian Siriano Fall/Winter 2023 fashion show in New York on February 9, 2023

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