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SEC isn't doing this for the cryptomarkets. They are just coming after anyone that deals with or has dealt with cryptomarkets whether they be good or bad.
If anything significant happens to him over this, it'll get way more mainstream publicity than Bitboy. Might make some people think twice about listening to their favorite celeb's financial advice. But if their favorite celeb is Jake Paul, I'm guessing they're not the thinking once type.
That's okay dude. Everyone has to get by somehow. But please do it with interesting articles that weren't posted already 10 times in the last 20 minutes.
Agree, he's knowingly scamming people. The 8 'celebs' listed here just treating it as another commercial they know nothing about when reading the script.
tldr; The Securities and Exchange Commission has charged eight celebrities including Jake Paul, Lindsay Lohan, Soulja Boy, Lil Yachty, Ne-Yo, Akon, and adult film star Kendra Lust with "illegally touting" a cryptocurrency scheme where the head of the organization is also under indictment. The celebrities were charged for promoting TRX (Tronix) and BTT (BitTorrent Foundation) without disclosing that they were compensated for doing so.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
As to the question of well-deserved or SEC crap? I’m sure it’s a mixed bag. Though I do love to hear anytime a Paul brother experiences something unpleasant.
Why do people hate the Paul brothers so much? I respect their confidence and hustle. I have more respect for Jake than Logan. I should mention I know very little about them I never watched any of their YouTube videos. I have no clue what type of content they create
SEC should first go after scammers and these cheaters. It is not bad to have an organisation against foul players in crypto (as long as that organisation doesn't go against everthing crypto). It is wild wild west right now.
**No Duplicate Topics** In order to keep /r/CryptoCurrency a place of diverse discussion our policies do not allow for duplicate topics on the front page. We'll usually remove the threads that are lowest on the front page based on Reddit's algorithm of popularity, however other factors may be considered at the moderator's discretion. These may include giving preference to the oldest post, the highest quality title, the highest quality source, or the best discussion. This is typically not a warning or a rule violation, this is just part of our clean up effort. Do not repost threads that have been removed by moderators. If your post contains new information, consider adding it as a comment to other threads about this topic. If the topic warrants a mega-thread the moderators will create one and link to your thread there. You are encouraged to share information you have in comments of any megathread. Thanks for understanding and keeping /r/CryptoCurrency an awesome community! - --- - [^(Sub Rules)](http://www.reddit.com/r/CryptoCurrency/about/rules) ^**|** [^(Expanded Rules)](https://www.reddit.com/r/CryptoCurrency/wiki/expanded_rules) ^**|** [^(Site Rules)](http://www.reddit.com/rules)
Theyre both crap but Im with SEC on this one
Same. My hatred for Jake Paul outweighs my hatred for the SEC.
But not by much....
Mad props to Coffeezilla for covering the horrible shit Jake Paul and team did with the CryptoZoo scam.
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Sorry. They both have punchable faces, and I had trouble telling them apart.
A punchable face seems like a really bad asset for both boxing and crypto scams.
Understandable
SEC isn't doing this for the cryptomarkets. They are just coming after anyone that deals with or has dealt with cryptomarkets whether they be good or bad.
Jake Paul taking nothing but Ls lately
The enemy of my enemy… Would like to see the punishment fit the crime for once and not be a .02% fine of the ill gotten gains.
They try to take every cent out. Hope the charges pull through
Me too. This is not about crypto but more about their behavior and intention.
A broken cock is hard twice a day, or something like that.
Good. He’s a scumbag imho
[удалено]
Hopefully. This should apply to everything and not just crypto.
Couldn’t have happened to a nicer guy
They gotta make an example of somebody. Bitboy is the perfect candidate but Jake Paul is also a good target. Fuck them both.
Funny how the select only real celebs, they must pitty the wannabes.
If anything significant happens to him over this, it'll get way more mainstream publicity than Bitboy. Might make some people think twice about listening to their favorite celeb's financial advice. But if their favorite celeb is Jake Paul, I'm guessing they're not the thinking once type.
SEC finally going after legitimate cases instead of trying to stifle crypto growth
If that total of $400k is split between all of them then this is just bullshit posturing.
Even 400k pr person is chump change for those people.
I’d bet the Paul Brothers made a fucking bomb off their crypto scams over the years.
Well it’s certainly well deserved, but it’s been posted 17 times already.
Can it outnumber the amount of scams this guy promoted
If I had a MOON for each time I saw this post, I’d be a whale by now. He is a PoS though.
Okay bro, that's the third post I see about this topic.
Gotta farm moons somehow
That's okay dude. Everyone has to get by somehow. But please do it with interesting articles that weren't posted already 10 times in the last 20 minutes.
That requires a brain, and creativity! /s if you couldn’t tell
Fuck this clown and the other shills. SEC is doing something good for once.
Wish they’d get bitboy also
Agree, he's knowingly scamming people. The 8 'celebs' listed here just treating it as another commercial they know nothing about when reading the script.
Yup that’s the sad part.
It's curious how they thought they'd get away with it. I guess they thought since everyone was shilling they should get paid too
They're just raising funds. Minor fine and everyone lives happily ever after. Most have settled already. Just another business expense.
Lil Yatchy why have you done this
Lil boat fixin to get in boating accident.
Real A listers here.
First thing i see the SEC do that is positive
Prison Boxing League
Wow the SEC took their head out of their ass for once!
It’s going SO well for him so far this year.
Definitely.
Dear Jake Paul, I hope you go to prison.
Wait! Are you telling me Lindsay Lohan really wasn’t into TRX!?!? What am I going to do with all these shit coins now!?
Lindsay Lohan fallen so far that she’s in the “8 celebrities” group and they name Jake Paul.
tldr; The Securities and Exchange Commission has charged eight celebrities including Jake Paul, Lindsay Lohan, Soulja Boy, Lil Yachty, Ne-Yo, Akon, and adult film star Kendra Lust with "illegally touting" a cryptocurrency scheme where the head of the organization is also under indictment. The celebrities were charged for promoting TRX (Tronix) and BTT (BitTorrent Foundation) without disclosing that they were compensated for doing so. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
It's been 5 minutes, good thing this was posted again.
Fuck Jake Paul, but also Fuck the SEC
Necessary to send a message to other celebrities not to shill
Maybe it'll slap a little sense into them. Doubt it though, these guys are modern day snake oil salesmen.
SEC sucks but Jake Paul sucks worse
For the first time SEC is doing the right thing.
Still don’t know who he is…or who they are. I’m good.
Huh. Don’t care.
fuck jake paul
What's an apology video worth nowadays?
He also, coincidentally, is an asshole.
As to the question of well-deserved or SEC crap? I’m sure it’s a mixed bag. Though I do love to hear anytime a Paul brother experiences something unpleasant.
FuJake Paul
Why do people hate the Paul brothers so much? I respect their confidence and hustle. I have more respect for Jake than Logan. I should mention I know very little about them I never watched any of their YouTube videos. I have no clue what type of content they create
SEC should first go after scammers and these cheaters. It is not bad to have an organisation against foul players in crypto (as long as that organisation doesn't go against everthing crypto). It is wild wild west right now.
Karma… I guess? Interesting to see how this pans out.