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.