SEC sues celebrities including Lindsay Lohan for endorsing cryptocurrencies

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The Securities and Exchange Commission have filed charges against a handful of celebrities including Lindsay Lohan, Jake Paul and Ne-Yo for violating laws in touting cryptocurrencies.

The SEC charged eight celebrities, which also included rappers Soulja Boy and Lil Yachty, singers Austin Mahone and Akon, and adult film star Kendra Lust for “illegally touting TRX and/or BTT without disclosing that they were compensated for doing so and the amount of their compensation”.

https://www.theguardian.com/technol...lebrities-cryptocurrencies-lindsay-lohan-tron
 
The Securities and Exchange Commission have filed charges against a handful of celebrities including Lindsay Lohan, Jake Paul and Ne-Yo for violating laws in touting cryptocurrencies.

The SEC charged eight celebrities, which also included rappers Soulja Boy and Lil Yachty, singers Austin Mahone and Akon, and adult film star Kendra Lust for “illegally touting TRX and/or BTT without disclosing that they were compensated for doing so and the amount of their compensation”.

https://www.theguardian.com/technol...lebrities-cryptocurrencies-lindsay-lohan-tron

Ouch! That's gonna leave a mark.

They should just plead guilty and pay a fine.
 
Sounds fascist.

This is fascist:

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