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Evening Standard
Evening Standard
World
Miriam Burrell

Lindsay Lohan, Akon and Ne-Yo pay thousands of dollars after illegal crypto promotion

Justin Sun Lindsay Lohan Akon SEC Crypto United States Andrew Brettler Austin Mahone Gary Gensler Soulja Boy

A string of celebrities including Lindsay Lohan and singers Akon and Ne-Yo have coughed up tens of thousands of dollars after being charged by US authorities for illegally promoting cryptocurrency.

The US Securities and Exchange Commission (SEC) on Wednesday charged Chinese cryptocurrency entrepreneur Justin Sun with fraud, and accused eight celebrities with illegally promoting his crypto assets.

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