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The Securities and Exchange Commission has charged eight celebrities with securities law violations in connection with their promotion of cryptocurrencies. The SEC announced the charges on Wednesday, which stemmed from an investigation of Justin Sun's companies Tron Foundation Limited, BitTorrent Foundation Ltd., and Rainberry Inc., according to Variety. Those companies promoted crypto securities BitTorrent (BTT) and Tronix (TRX). The eight facing charges are Lindsay Lohan, Ne-Yo, Lil Yachty, Soulja Boy, Jake Paul, Austin Mahone, Akon, and Kendra Lust.

Rapper Akon has revealed plans for a futuristic $6 billion city in his Senegal homeland modelled on Black Panther's Wakanda. The R&B star, who boasts two multi-platinum albums, told a news conference on Monday he had laid the first stone for the city in the Atlantic Ocean village of Mbodiene, around 60 miles south of the capital Dakar. The solar-powered Akon City will offer hotels, a university, hospitals, business and leisure centres including a casino, as well as movie studios, all featuring futuristic designs by architect Hussein Bakri, with African sculptures for inspiration.

Senegal has pulled the plug on Akon City, reclaiming almost all of the 55-hectare seaside concession after seven years of missed deadlines, fading crypto fortunes and a single half-finished welcome centre that now shares its lot with grazing goats. The $6 billion “real-life Wakanda” once promised luxury towers and flying-car parking is now the most expensive visitor kiosk on the continent. Ambitious Beginnings Announced with Marvel-level fanfare in 2018, Akon called it a “real-life Wakanda” inspired by Black Panther -the plan promised soaring hotels, a 5,000-bed hospital and streets that ran on renewable energy and Akoin. The project aimed to...

R&B singer Akon may have been born in the United States, but he wants to go back to his roots — which, to him, means constructing a city in his family’s ancestral home of Senegal, which he describes as a “real-life Wakanda.” Ordinarily, I’d just think this was some idle talk by someone not in compos mentis. After all, one of Akon’s best-known songs was a collaboration with enthusiastic marijuana endorser Snoop Dogg (“I Wanna Love You”), so maybe Akon’s been hitting the wacky tobaccky a bit too often. However, nothing short of megadoses of LSD could possibly have produced...