Jake Paul among 8 celebrities charged by SEC for ‘illegally touting’ crypto scheme

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Jake Paul was among a group of eight celebrities charged by the Securities and Exchange Commission (SEC) for “illegally touting” a cryptocurrency scheme where the head of the organization is also under indictment.

According to a press release from the SEC, Paul and other celebrities including actress Lindsay Lohan, hip-hop stars Soulja Boy, Lil Yachty, Ne-Yo, Akon and adult film star Kendra Lust, were charged for promoting “TRX (Tronix) and/or...