Lindsay Lohan, Jake Paul, musicians Lil Yachty, Ne-Yo, Soulja Boy, Akon and Austin Mahone and adult film star Kendra Lust were charged Wednesday for illegally promoting the securities of crypto companies at the center of an SEC investigation
The commission today charged crypto asset entrepreneur Justin Sun and three of his wholly-owned companies for the unregistered offer and sale of crypto asset securities Tronix and BitTorrent ; fraudulently manipulating the secondary market for TRX through “wash trading”; and for orchestrating a scheme to pay celebrities to tout TRX and BTT without disclosing their compensation.
“This case demonstrates again the high risk investors face when crypto asset securities are offered and sold without proper disclosure,” SEC chair Gary Gensler said. “As alleged, Sun and his companies not only targeted U.S. investors in their unregistered offers and sales, generating millions in illegal proceeds at the expense of investors, but they also coordinated wash trading on an unregistered trading platform to create the misleading appearance of active trading in TRX.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Jake Paul, Lindsay Lohan, Soulja Boy Settle with SEC Over Crypto PromotionThe SEC is cracking down on Crypto companies ... and some big-name celebs -- including Jake Paul, Soulja Boy and Lindsay Lohan -- who praised the currency companies while getting paid without disclosing it.
Weiterlesen »
SEC charges Tron's Justin Sun and celebrities including Lindsay Lohan, Jake PaulCelebrities including Lindsay Lohan, Jake Paul, and Soulja Boy were named alongside Tron founder Justin Sun in an SEC enforcement action announced on Thursday.
Weiterlesen »
Lindsay Lohan, Jake Paul, Lil Yachty and other celebs charged for boosting cryptoBreaking: The Securities and Exchange Commission announced charges against a host of celebrities for boosting crypto assets without properly disclosing that they were paid for their endorsements.
Weiterlesen »
Lindsay Lohan, Jake Paul Violated Investor-Protection Laws by Touting Crypto, SEC SaysLindsay Lohan, Jake Paul and four other celebrities agreed to pay a combined $400,000 to settle the SEC’s investigation of their role in the promotion of crypto assets TRX and BTT
Weiterlesen »
SEC Charges Tron Founder Justin Sun, Celebrities Lindsay Lohan, Jake Paul With Crypto ViolationsGroup of celebs, including Lindsey Lohan and Jake Paul, settle with SEC after being accused of touting crypto tokens on social media without disclosing they were compensated
Weiterlesen »
Lindsay Lohan, Lil Yachty, Jake Paul Among Celebrities Hit With SEC Charges for Touting CryptoHere's a list of people who have been hit with Securities and Exchange Commission charges for violating securities laws in touting crypto currencies: Lindsay Lohan Soulja Boy Austin Mahone Akon Jake Paul Ne-Yo Lil Yachty Read the full story here:
Weiterlesen »