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SEC Charges Lindsay Lohan and Others in Crypto Fraud Case

share-iconSunday, December 29 comment-icon1 month ago 18 views
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salonSALON
SEC Charges Lindsay Lohan and Others in Crypto Fraud Case

Credited from: SALON

  • Lindsay Lohan, Jake Paul, and others face charges from the SEC over illegal promotions of crypto assets BTT and TRX.
  • The SEC alleges they failed to disclose payments to promote these securities, which generated millions illegally.
  • Six celebrities, including Lohan, have agreed to pay over $400,000 to settle their claims without admitting wrongdoing.
  • The SEC's case centers on Justin Sun, who is accused of orchestrating the fraudulent activities and engaging in market manipulation.
  • Lohan claimed she was unaware of disclosure requirements and has returned her promotional payment along with a fine.

For more details, visit the original article at Salon.

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Sec Lindsay lohan Crypto scam Btt Trx Celebrity endorsements Market fraud
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