Crypto crackdown continues as SEC charges Lindsay Lohan, Justin Sun, and more.

1 min read
Source: Digital Spy
Crypto crackdown continues as SEC charges Lindsay Lohan, Justin Sun, and more.
Photo: Digital Spy
TL;DR Summary

Actress Lindsay Lohan has been charged by the US Securities and Exchange Commission (SEC) for failing to disclose that she was being paid to promote cryptocurrency tokens on social media. Lohan and other celebrities, including YouTuber turned boxer Jake Paul, musicians Soulja Boy, Ne-Yo, Akon, Lil Yachty and Austin Mahone, as well as adult entertainer Michelle Mason, were allegedly participating in an illegal scheme. Lohan and Paul paid to settle the charges without admitting guilt, with Lohan paying $10,000 to the SEC and a further $30,000 in penalties.

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