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

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The new class action lawsuit against celebrities and social media influencers claiming they participated in the classic pump-and-dump scheme for SafeMoon tokens requires a jury trial.

SafeMoon is a Binance Smart Chain-native cryptocurrency. It allegedly employed a lot of celebrity investors to lure them in by misleading marketing. The class action included musicians Nick Carter and Soulja Boy as well YouTubers Jake Pauls, Ben Phillips, and Lil Yachty.