The SEC has sued Justin Sun and several other celebrities for opaque cryptocurrency advertising

The United States Securities and Exchange Commission (SEC) has previously declined to comment on Justin Sunthe founder Theron has refused. Now one of the employees of this institution in a conversation with Verge declared that if San If he breaks the rules in the same way, he cannot be stopped anymore.

SEC new charges against Justin Sun and several other faces including Lindsay Lohan, Jake Paul And Soulja Boy has raised

The United States Securities and Exchange Commission claims Justin Sun By trading your RTX and BTT assets on market supply and demand Has manipulated the cryptocurrencies. Celebrities who have promoted these cryptocurrencies have also spoken at length about not providing full explanations of what they charge. Tokens are charged. “The public was misled into thinking that celebrities were disinterestedly interested in TRX and BTT and that their advertising was not paid for,” the SEC said.

SEC In addition Lohan, Bridge And Soulja Boy Other people like Mahogany sleeve, Michelle Mason, Lil Yachty, Ni Yu And Akon accused of promoting cryptocurrencies in order to receive money and misleading people. Other than these people mahogany And Soulja Boyhave settled the charges, which total more than $400,000 in fines, without admitting or denying the SEC’s findings.

Justin Sun, owner of blockchain platform Tron and BitTorrent held an initial public offering (ICO) for his company’s tokens. This action allowed investors to buy a part of the said tokens. Sun It held this event in China a few days before its IPO was banned.

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