Yahoo News – Los Angeles Times
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In the latest example of what’s become a running trend in the world of cryptocurrency, the Securities and Exchange Commission on Wednesday announced charges against a host of celebrities for boosting crypto assets without properly disclosing that they were paid for their endorsements.
Those charged included “Mean Girls” and “Falling for Christmas” star Lindsay Lohan, social media personality and boxer Jake Paul and rapper Soulja Boy, according to an SEC release. Porn actor Kendra Lust and musicians Lil Yachty, Ne-Yo, Austin Mahone and Akon were also named in the agency’s complaint.
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