Jake Paul Makes A Shocking Statement

In February of this year, Tommy Fury dealt "The Trouble Child" his first-ever loss. 

After that, he nearly fought with Floyd Mayweather and his support group a week ago.

The well-known YouTuber recently found himself in hot water after being accused of illegal touting by the police. 

A few celebrities were mentioned by the Securities and Exchange Commission in its filing about cracking down on cryptocurrency companies.

In addition, according to TMZ, The SEC has charged Paul with failing to disclose that they were being paid to promote these businesses. 

Many celebrities have come under fire and been censured for taking part in cryptocurrency fraud across the world.

The supporters wasted no time in calling him out and denouncing him as soon as word of his actions spread.

Jake Paul is one of several celebrities who have been accused by the SEC of "illegally advocating" a cryptocurrency scheme, according to @MMAFighting, who posted on Instagram.

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