Kendra Lust: Celebs Rumors

Lil Yachty and Soulja Boy are among a group of famous faces who have been charged with illegally advertising cryptocurrency by the Securities and Exchange Commission. On Wednesday, the SEC filed the charges against the group of eight celebrities, which also includes musicians Ne-Yo and Akon, as well as Jake Paul, Lindsay Lohan, Austin Mahone, and Kendra Lust, with “illegally touting" crypto asset securities Tronix (TRX) and BitTorrent (BTT) "without disclosing that they were compensated for doing so and the amount of their compensation.” Despite not admitting or denying the SEC’s findings, each of the names mentioned by the SEC, except for Soulja Boy and Austin Mahone, has agreed to pay a total of over $400,000 in disgorgement, interest, and penalties to settle the charges.

A number of musicians are among a list of celebrities that have been hit with charges from regulators in America over their involvement with a scheme to sell some good old crypto asset securities. Akon, Ne-Yo, Lil Yachty, Soulja Boy and Austin Mahone feature on a list of eight celebs targeted in an investigation carried out by the US Securities And Exchange Commission.The SEC yesterday announced charges against Justin Sun, founder of the Tron Foundation Limited and three of his companies for the unregistered offer and sale of TRX and BTT crypto asset securities.

Lindsay Lohan, Ne-Yo and Jake Paul are among a number of stars who have been charged with cryptocurrency violations. The Securities and Exchange Commission (SEC) have filed fraud charges and unregistered securities charges against crypto founder Justin Sun, and they also announced charges relating to various issues against eight celebrity influencers, who are accused of collaborating with the Grenadian diplomat by promoting his Tronix and BitTorrent assets in ways which led investors to believe the TRX and BTT crypto coins had the potential for financial success and were being actively traded.

Lindsay Lohan, Jake Paul and several other celebs are in hot water after allegedly promoting cryptocurrency endeavors without revealing they'd been paid to do so.The Securities and Exchange Commission announced on Wednesday that they have filed fraud charges, as well as unregistered securities charges, against crypto founder Justin Sun — who is also a Grenadian diplomat.The SEC also announced charges related to various violations against eight celebrity influencers, who are accused of collaborating with Sun by promoting his Tronix and BitTorrent crypto assets -- specifically the TRX and BTT crypto coins — in a way that led investors to believe they were being actively traded and had the potential for financial success.The SEC alleges that Sun was «orchestrating a promotional campaign in which he and his celebrity promoters hid the fact that the celebrities were paid for their tweet.»Lohan and Paul were among those accused of being a part of the fraudulent efforts, as well as music artists Austin Mahone, Soulja Boy, Lil Yachty, Ne-Yo and Akon, and adult film actress Kendra Lust.Six of the eight artists accused of the violations have subsequently agreed to pay a collective total of $400,000 in disgorgement and penalties. However, the settlements were not an admittance or denial of guilt, according to the SEC.

Lindsay Lohan, Jake Paul, musicians Lil Yachty, Ne-Yo, Soulja Boy, Akon and Austin Mahone and adult film star Kendra Lust were s charged Wednesday for illegally promoting the securities of crypto companies at the center of an SEC investigation.

Cynthia Littleton Business Editor Lindsay Lohan, Jake Paul, Ne-Yo and rapper Lil Yachty are among the eight notable names who have been hit with Securities and Exchange Commission charges for violating securities laws in touting crypto currencies. The SEC on Wednesday disclosed that charges were filed against eight celebrities in connection with the broader investigation of crypto entrepreneur Justin Sun and three of his companies: Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc., which marketed crypto asset securities under the brand names Tronix (TRX) and BitTorrent (BTT). The eight boldface names were charged with “illegally touting TRX and/or BTT without disclosing that they were compensated for doing so and the amount of their compensation,” according to the SEC.