Lindsay Lohan other celebs settle with SEC in crypto case

instagram@lindsaylohan

Actresses Lindsay Lohan, rapper Akon and many other celebrities have posted crypto to their millions of social media followers.

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The actress has agreed to pay thousands of dollars to settle a claim that she promoted crypto investments.

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The actress went on a rampage without disclosing that she was being paid to do so.

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Lohan, Akon, recording artists Ne-Yo, and Lil Yachty, boxer and Internet personality Jake Paul, and adult film star Michelle Mason all agreed to pay more than $400,000,

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In the form of interest and penalties to settle the claims, the Securities and Exchange Commission said on Wednesday.

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It did not accept or deny any of the SEC's findings as part of the settlement of the claims.

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The agency said two other celebrities named in the SEC's complaint, rapper Soulja Boy and pop singer Austin Mahone, had not reached a settlement with the SEC.

instagram@lindsaylohan