Do Influencers Escape Legal Liability Using “Not Financial Advice” Disclaimers?
Are influencers legally liable if they made a bad investment advice? Will they escape just because they said it is “not-financial advice”?
Lele Gold Shuts Down Following SEC Advisory: Ponzi Scheme Scams Investors
Lele Gold has shut down after an advisory from the SEC calls it a Ponzi Scheme. Investors are asked to wait for further notice.
SEC Advisory vs Lele Gold Farm Draws Mix Reactions From Public, Influencers Allegedly Remove Lele Gold Content
Is the SEC’s advisory action vs Lele in the best interest of all parties involved, despite receiving mixed reactions from the public?
Beware of Investment Scam: Lele Gold Farm Unregistered and Operating Illegally
The SEC states that the mobile application is not registered as a corporation or partnership and operates without the necessary licenses.