🔥14397

pixel_start

Soulja Boy isn’t the first rapper to be charged with illegally advertising crypto.

But he’s one of the first.

SB, Lil Yachty, Akon, Jake Paul, Ne-Yo, Lindsay Lohan, Austin Mahone, and Kendra Lust  have been charged by the Feds with “illegally touting” crypto securities Tronix (TRX) and BitTorrent (BTT) “without disclosing that they were compensated for doing so and the amount of their compensation.”

Boat, Akon, Paul, Ne-Yo, Lohan, Paul, and Lust have already settled with the SEC, paying a combined total of 400K in fines and interest.

However, SB and Moahone have refused to settle and are still facing SEC sanctions.

So maybe SB will be the first rapper to go to jail for illegally advertising crypto.

pixel_end

Related Posts

Afro Jams of the Week: September 21, 2021

Geto Boys’ Willie D Adamantly States How He’s Better Than Michael Jordan

Check Out How Kyrie Irving Covered Up His Nike’s During All Star Game [VIDEO]

Grammys 2021: Lil Baby Honors Rayshard Brooks with Gripping “The Bigger Picture” Performance

Fivio Foreign Says He Got Schooled By The Hip Hop Police

“This Is What This West Coast Shit Look Like:” An Interview with NHale