Lindsay Lohan and Ne-Yo hit with SEC charges for 'illegally touting' crypto scheme

Representatives for the U.S. Securities and Exchange Commission (SEC) announced on Wednesday that they had charged eight celebrities as part of their investigation into crypto entrepreneur Justin Sun and three of his companies, which marketed crypto asset securities under the brand names Tronix (TRX) and BitTorrent (BTT). The celebrities were charged with violating securities laws by "illegally touting" the TRX and/or BTT crypto tokens without disclosing that they were paid to promote them. In addition to Lohan, Ne-Yo, and Lil Yachty, the other celebrities include music stars Soulja Boy, Akon, and Austin Mahone…