Why court charge Kim Kardashian to pay $1.26m for promoting crypto coin

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Why court charge Kim Kardashian to pay .26m for promoting crypto coin


tldr; The US Securities and Exchange Commission (SEC) has fined Kim Kardashian $1.26 million (£1.12 million) for failing to disclose that she received $250,000 for advertising one crypto coin, EthereumMax, for her Instagram page. Kardashian’s lawyer said Kardashian is willing to cooperate with the SEC to avoid long dragging. Kardashian will also be banned from promoting crypto asset securities for three years.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.



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