Lindsay Lohan and Jake Paul are sued in the US in case linked to cryptocurrencies

They are accused in a case that directly targets the businessman Justin Sun for trading Tronix and BitTorrent assets without registering with the competent authorities and for trying to manipulate Tronix brokerage.

Sun would have artificially inflated Tronix's trading on the secondary market: asked employees to transfer the asset between two of their accounts on cryptocurrency platforms.

The SEC also accused Sun, known for having founded the Tron ecosystem, of seeking to promote his assets on social media by paying celebrities to publish messages in support of TRX and BTT.

Without admitting or denying his responsibility, Lohan and Paul agreed to pay, respectively, US$40.670 (about R$212 thousand) and US$101.887 (R$533 thousand) in restitution and fines.

Porn actress Kendra Lust (whose real name is Michele Mason), rapper Lil Yachty (Miles Parks McCollum), singers Ne-Yo (Shaffer Smith) and Akon (Aliaune Thiam) also reached agreements and will pay fines to resolve the case.

Rapper Soulja Boy (DeAndre Cortez Way) and musician Austin Mahone, who are also being sued, have not reached a settlement.

United States authorities have stepped up oversight of cryptocurrencies in recent months, particularly after the bankruptcy of the FTX platform, from which many customers were unable to withdraw their investments.

(To AFP)

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