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Jake Paul, Soulja Boy, Lil Yachty: Sued Over Alleged SafeMoon Crypto ‘Pump and Dump’ Scheme

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Soulja Boy, Jake Paul and Lil Yachty are among several celebrities named in a class-action lawsuit, alleging that they were involved in a scheme to “pump and dump” SafeMoon tokens through sharing false information with their fan bases. “The Hash” discusses the responsibilities celebrities have toward the fans that trust them and the broader narrative of increased celebrity advocacy in the crypto space.

#cryptocurrency #digitalfinance #finance #bitcoin #crypto
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