Justin Sun and Lindsay Lohan among group charged by SEC with illegally shilling crypto.

The article focuses on the Securities and Exchange Commission (SEC) charging Justin Sun, founder of the TRON Foundation and owner of BitTorrent, along with several celebrities, for the alleged unregistered sale and promotion of the cryptocurrencies Tronix (TRX) and BitTorrent (BTT). The SEC claims that Sun's actions constituted the sale of unregistered securities and involved market manipulation through wash trading. Eight celebrities, including Lindsay Lohan and Jake Paul, are accused of promoting these tokens without disclosing their compensation, with six having settled and paid fines exceeding $400,000. The case is part of the SEC's broader enforcement efforts against crypto companies and personalities following the collapse of FTX. [Extracted from the article]