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SafeMoon pump-and-dump lawsuit targets Jake Paul, Soulja Boy and


A new class-action lawsuit demands a jury trial against A-list celebrities and social influencers for their alleged participation in a classic pump-and-dump scheme relating to SafeMoon tokens.

SafeMoon, a BNB Chain-native cryptocurrency, allegedly recruited a number of celebrities to lure investors in with misleading promotions. Some of the prominent names roped in by the scheme include musicians such as Nick Carter, Soulja Boy, Lil Yachty and YouTubers Jake Paul and Ben Phillips.