Shaquille O’Neal seizes the opportunity to make fun of YouTuber-turned-boxer Jake Paul for being accused of a cryptocurrency scheme while he is at the moment embroiled in a significant FTX promotion scandal.
The Security and Exchange Commission (SEC) has accused Jake Paul and seven other well-known people from other fields for promoting illegal cryptocurrencies, which has put them all in hot water.
JUST IN: Lil Yachty, Jake Paul, Ne-Yo, Akon, Soulja Boy and more have been hit with SEC charges for crypto currency violations‼️😳 pic.twitter.com/3ZR2rD0qhR
— RapTV (@Rap) March 22, 2023
On Wednesday, the SEC addressed The Problem Child and seven other celebrities’ participation in the illegal advertising of two cryptocurrencies on their social media platforms. They are altogether charged for taking part in promotional activities “without disclosing that they were compensated for doing so and the amount of their compensation,”
Celebrities charged with illegally promoting cryptocurrency assets
– Jake Paul
– Soulja Boy
– Austin Mahone
– Lindsay Lohan
– Lil Yachty
– Akon
– Ne-Yo— The Spectator Index (@spectatorindex) March 23, 2023
How did Shaquille O’Neal react to Jake Paul’s crypto scandal?
The former Los Angeles Lakers star participated in a similar controversial crypto scheme as well. The African proverb “When an elephant is down, even an ant will kick him” is undoubtedly true. For signing a deal with FTX that he never should have, Shaquille has been there just as Jake Paul and dealt with backlash from his fans.
@SHAQ throwing shots despite his own scandals with FTX 👀👀 pic.twitter.com/VjyBTpF02z
— Tonoy Sengupta (@TonoySengupta) March 23, 2023
Jake Paul, Soulja Boy, and Lil Yachty are featured in a news article on Instagram that was shared by Dr. Shaq on his story. Details of their work promoting the Tron Foundation, BitTorrent Foundation, and Rainberry enterprises are are being mentioned there in short.
Along with Jake, other artists involved in the ground-breaking crypto scandal include actress Lindsay Lohan, singer and rapper Soulja Boy, singer Austin Mahone, porn actress Kendra Lust, rapper Lil Yachty, singer Ne-Yo and rapper Akon. Their fans have already gone absolutely bonkers as a result of the news, which is now spreading like wildfire.
✨The U.S. Securities and Exchange Commission (SEC) filed another lawsuit against cryptocurrency promoters, this time including Tron Founder Justin Sun, actress Lindsay Lohan, and Youtuber-turned-boxer Jake Paul.#Crypto #cryptocurrency #SEC pic.twitter.com/KBtJVEUq3i
— Kimosan (@KimosTV) March 23, 2023
How do you feel about Shaquille O’Neal making fun of Jake Paul for doing something he himself did as a famous basketball figure? Let us know your thoughts in the comment section.
