Lindsay Lohan and Jake Paul sued in the United States in a case related to cryptocurrencies
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Actress Lindsay Lohan, YouTuber Jake Paul and six other artists are being sued on Wednesday by the US market watchdog for advertising cryptocurrencies without disclosing that they were paid to do so.
They are accused in a case aimed more directly at Chinese entrepreneur Justin Sun for marketing Tronix and BitTorrent cryptocurrencies without registering with the competent authorities, thereby violating stock market laws.
Justin Sun is also being sued for seeking to manipulate Tronix's brokerage by artificially inflating the trading of the asset on the secondary market: he had asked employees to transfer Tronix between two of his accounts on cryptocurrency platforms.< /p>
The SEC finally blames Justin Sun, known for founding the Tron ecosystem, for seeking to promote his assets on social media by paying celebrities to tweet messages in favor of Tronix and BitTorrent.
Without admitting or denying their guilt, Lindsay Lohan and Jake Paul agreed to pay $40,670 and $101,887 in reimbursements and fines, respectively.
Pornographic actress Michele Mason (known as name of Kendra Lust), rapper Lil Yachty (Miles Parks McCollum), singers Ne-Yo (Shaffer Smith) and Akon (Aliaune Thiam) have also agreed to pay money to settle the lawsuits.
< p>Rapper Soulja Boy (DeAndre Cortez Way) and singer Austin Mahone, also prosecuted, have not agreed to enter into an agreement.
The American authorities have tightened their supervision of cryptocurrencies in recent months, especially after the bankruptcy of the FTX platform, from which many clients were unable to withdraw their investments.
They also communicate more about emblematic cases.
Last October, the star reality TV star Kim Kardashian agreed to pay $1.26 million for praising a e cryptocurrency on her Instagram account without mentioning that she was paid.