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Lindsay Lohan Among Celebs Sued By SEC Over Crypto Sales – Above the Law

Lindsay
Lohan
(Photo
by
Robin
Marchant/Getty)



Ed.
note
:
Welcome
to
our
daily
feature,

Quote
of
the
Day
.


From
the
outset,
she
cooperated
with
the
SEC’s
investigation
and
ultimately
agreed
to
disgorge
the
small
amount
of
money
she
received
and
paid
a
fine
to
resolve
this
matter.





Andrew
Brettler
,
an
attorney
for

Lindsay
Lohan
,
in
comments
given
concerning
his
client’s
decision
to

settle
a
case
with
the
Securities
and
Exchange
Commission,
without
admitting
wrongdoing
.
Earlier
this
week,
the
SEC
charged
Chinese
cryptocurrency
entrepreneur
Justin
Sun
with
fraud,
accusing
Lohan
and
a
host
of
other
celebrities

including
Soulja
Boy,
Akon,
Austin
Mahone,
Ne-Yo,
Jake
Paul,
Lil
Yachty,
and
Kendra
Lust

of
illegally
promoting
his
crypto
assets.
Brettler
said
Lohan
was
unaware
of
SEC’s
disclosure
requirements
until
last
March.
All
but
Soulja
Boy
and
Mahone
agreed
to
settle,
together
paying
more
than
$400,000.



Staci ZaretskyStaci
Zaretsky
 is
a
senior
editor
at
Above
the
Law,
where
she’s
worked
since
2011.
She’d
love
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hear
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you,
so
please
feel
free
to

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with
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.