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Dubai News Club > Tech > SEC sues Justin Sun for his crypto schemes, along with Lindsay Lohan, Jake Paul, and Soulja Boy
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SEC sues Justin Sun for his crypto schemes, along with Lindsay Lohan, Jake Paul, and Soulja Boy

Press Room
Last updated: 2023/03/22
Press Room
Published: March 22, 2023
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Today, the SEC announced civil charges against Sun and eight celebrities, including Lindsay Lohan, Jake Paul, and Soulja Boy.

In a complaint filed Wednesday, the SEC claims the crypto entrepreneur engaged in market manipulation and the unregistered offer and sale of securities by dealing with his crypto assets TRX and BTT. The celebrities who touted the coin are being charged with not disclosing that they were being paid to do so and how much money they got. “Thus, the public was misled…

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