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General postFiled by NumberOne · July 1, 2026
SEC: ~$400k settlement for undisclosed TRX touting (Justin Sun case)
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.
