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The Guardian - US
The Guardian - US
Technology
Maya Yang

SEC charges celebrities including Lindsay Lohan over cryptocurrency endorsements

Lindsay Lohan SEC Justin Sun Crypto Tron Austin Mahone Soulja Boy
Lindsay Lohan in New York in February.
Lindsay Lohan in New York in February. Photograph: Charles Sykes/Invision/AP

The Securities and Exchange Commission has filed charges against a handful of celebrities including Lindsay Lohan, Jake Paul and Ne-Yo for violating laws in touting cryptocurrencies.

On Wednesday, the SEC filed the charges against the celebrities as part of its broader charges filed against the crypto entrepreneur Justin Sun and three of his companies: Tron Foundation Ltd, BitTorrent Foundation Ltd, and Rainberry Inc (formerly BitTorrent) for the unregistered offer and sale of the crypto asset securities Tronix (TRX) and BitTorrent (BTT).

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