SEC Sues Tron Founder, Lindsay Lohan and Other Celebrities Over Crypto Promotion

The Securities and Exchange Commission has launched another set of charges against crypto promoters. This time the list includes Tron Founder Justin Sun, actress Lindsay Lohan, rapper Lil Yachty and Youtuber Jake Paul.

• 2023-03-23
• Lindsay Lohan Justin Sun Jake Paul Gary Gensler SEC unregistered securities TRX BTT

SEC files crypto fraud charges against Lindsay Lohan, Jake Paul, others

The Securities and Exchange Commission announced charges against crypto entrepreneur Justin Sun and of the celebrity backers of his crypto asset companies Tronix and BitTorrent.

• 2023-03-23
• Justin Sun Lindsay Lohan TRX SEC BTT celebrity Gary Gensler

SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto asset securities,” the agency stated Wednesday. The SEC said it was suing Sun, his Tron foundation, the BitTorrent Foundation and BitTorrent (now referred to as Rainberry) over the sale of two tokens: TRON, or TRX, and bitTorrent, or BTT. Both TRX and BTT were referred to as unregistered crypto asset

• 2023-03-23
• TRX Justin Sun BTT SEC Tron

Bitcoin Retreats; Justin Sun-Linked Coins Drop After SEC Charges

(Bloomberg) -- Bitcoin pulled back from its highest price level since June and smaller cryptocurrencies slumped after the Federal Reserve’s interest-rate increase eased speculation that looser monetary policy would fuel demand for digital assets. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisFinally, a Serious Offer to Take Putin Off Russia’s HandsStock

• 2023-03-23
• Bloomberg Justin Sun US Securities and Exchange Commission TRX BTT selling unregistered securities

SEC Charges Justin Sun, Lindsay Lohan and Other Celebrities in Crypto Scheme

The SEC charged crypto asset entrepreneur Justin Sun and his companies for paying eight celebrities to tout cryptos without telling their fans and followers that they were being paid to do so or how much.

• 2023-03-23
• Lindsay Lohan Justin Sun BTT SEC TRX Austin Mahone