I wonder why the SEC is wasting time making celebs who shilled crapto projects pay $45,724 for their sins, especially when there are so many bigger fish to fry in this space.
Maybe they're building up to it and trying to lull these scammers into thinking they are untouchable, we'll see, since Justin Sun is the next target. But his suit is way more complicated with charges of market manipulation to not disclosing paid advertising.
https://protos.com/soulja-boy-and-austin-mahone-lose-to-sec-justin-sun-still-to-respond/
Well, hopefully celebs don't try to get into crapto shilling and learn their lesson about dealing with financial products and giving paid-for financial advice.
I wonder how much shilling will go on in the next bull run, if the SEC now have cases they can fall back on and point to, could make it much easier to fine people in the future
TheBitcoinManual
npub10m…kn8mj
2023-09-15 11:53:51
Author Public Key
npub10mxnle348mzv2dnj0ylgz3zu9gceenc29x9fr4m6mnars66j7vxsnkn8mjPublished at
2023-09-15 11:53:51Event JSON
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"pubkey": "7ecd3fe6353ec4c53672793e81445c2a319ccf0a298a91d77adcfa386b52f30d",
"created_at": 1694778831,
"kind": 1,
"tags": [],
"content": "I wonder why the SEC is wasting time making celebs who shilled crapto projects pay $45,724 for their sins, especially when there are so many bigger fish to fry in this space. \n\nMaybe they're building up to it and trying to lull these scammers into thinking they are untouchable, we'll see, since Justin Sun is the next target. But his suit is way more complicated with charges of market manipulation to not disclosing paid advertising. \n\n\nhttps://protos.com/soulja-boy-and-austin-mahone-lose-to-sec-justin-sun-still-to-respond/\n\nWell, hopefully celebs don't try to get into crapto shilling and learn their lesson about dealing with financial products and giving paid-for financial advice. \n\nI wonder how much shilling will go on in the next bull run, if the SEC now have cases they can fall back on and point to, could make it much easier to fine people in the future",
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}