Lindsay Lohan & Jake Paul Among Celebrities Charged In Misleading Crypto Endorsement Scheme

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OK Magazine

Lindsay Lohan was on a list of eight celebrities who were charged by the Securities and Exchange Commission for endorsing cryptocurrencies associated with crypto entrepreneur Justin Sun and his businesses BitTorrent Foundation Ltd., Tron Foundation Limited and Rainberry Inc.

Also included in the charges were Youtuber and influencer Jake Paul, artists Soulja Boy, Ne-Yo, Akon, Austin Mahone, Lil Yachty and adult film star Kendra Lust.

According to reports, the stars in question were charged for publicly endorsing the cryptocurrencies without first “disclosing that they were compensated for doing…

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