Real name: Jake Joseph Paul
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YouTuber-turned-boxer with one of the largest young male audiences online. In March 2023 the SEC charged Paul with illegally touting the TRX token — part of the SEC's fraud action against Justin Sun and the Tron Foundation, which allegedly paid celebrities to shill TRX and BTT without disclosure. Paul's price: crypto worth about $25,000 for a single February 2021 tweet, never disclosed to his followers. He settled for roughly $400,000 in disgorgement, interest and penalties without admitting or denying the findings. Paul has repeatedly attached his name to speculative crypto and gambling-adjacent projects aimed at his audience; the SEC case documents the mechanics plainly — paid reach, no disclosure, retail fans holding the outcome.
The SEC's March 2023 action against Justin Sun and his companies described a scheme paying celebrities to tout TRX/BTT without disclosing compensation. Jake Paul was among those charged for touting; he was paid crypto valued at ~$25,019 for a 2021 TRX tweet and settled for ~$400,000 without admitting or denying. Sources: SEC press release + CNBC/ESPN coverage.
