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Al Jazeera
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HISTORICAL FACTS: Celebrities lindsay lohan jake paul charged for promoting crypto | History Defined

Lindsay Lohan Jake Paul Justin Sun SEC Crypto United States
Lindsay Lohan and seven other celebrities have been charged with illegally promoting cryptocurrencies [File: Charles Sykes/AP]

Actress Lindsay Lohan, Youtube influencer Jake Paul and several other celebrities have been charged with illegally promoting the cryptocurrencies of a Chinese entrepreneur accused of fraud.

The United States Securities and Exchange Commission (SEC) said on Wednesday it had charged Justin Sun with artificially inflating the trading volume of Tronix (TRX) and BitTorrent (BTT) and concealing payments made to celebrities to promote the tokens.

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