Kim Kardashian pays $1.26 million fine for paid crypto ad, SEC says

The reality television star and influencer has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26 million in penalties and fees, the U.S. Securities and Exchange Commission said on Monday.

Since then it has pursued a handful of other celebrities, including action film star Steven Seagal, music producer "DJ Khaled" and boxer Floyd Mayweather Jr. for breaking that rule, but Kardashian is arguably the most high profile.Her post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase EMAX tokens. "Sharing what my friends just told me about the EthereumMax token!" the post read.

"This was really to protect the investing public - when somebody is touting that stock and whether that's a celebrity or an influencer or the like, and that's at the core of what this is about," Gensler said in an interview with CNBC.Kim Kardashian arrives on the red carpet for the annual White House Correspondents' Association Dinner in Washington, U.S., April 30, 2022. REUTERS/Tom Brenner"I want to acknowledge Miss Kardashian cooperating and ongoing cooperation.

What does she look like without makeup? The amount she uses would make me beautiful and I am an old man

Reparations for Descendants of Chattel Slaves in the US

Why... Why anyone would care about such news 😖

Isn’t this”news” about three days old?

Speeding ticket really for while others lost life savings.

Regurgitate much

I'd get 20 years.

yet CNBC can lawfully give you advice to lose your money

Is this video panning down Kim Kardashian's body appropriate to accompany a story about finance? Do better.

And gains another 15 million in PR

This sort of tells u were Society is at doesn’t it when a ‘nobody’ with no actual talent and no actual anything becomes a Crypto advocate 🤷‍♂️🤷‍♂️ What’s next, she start advocating Nuclear Science🤪🤪🤪

People should keep their mouth shut on something that they don’t know about. High number of followers doesn’t mean you should pocket money out of it on other expenses instead it makes you more responsible.

Cancelled her.

So, she’s an admitted criminal, yes?

Hardly nothing.

Too much Botox on the brain...

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Breakingviews - Kim Kardashian makes an example out of the SECGary Gensler is gaining some Instagram fame. The U.S. Securities and Exchange chair imposed a $1.3 million penalty on Kim Kardashian in a transparent attempt to send a high-profile warning to other influencers and wannabes about the dangers of hyping cryptocurrency. In the end, though, she may wind up making an example out of him. Lmfao she'll make that back in 10 minutes max. 😳😳 More than half a million people marched on the streets of over 170 cities across the globe in solidarity and support for Iranian movement for freedom. Why did not cover any single article on this topic? Stand with people of Iran fighting for their democracy and freedom
Source: Breakingviews - 🏆 470. / 51 Read more »

Kim Kardashian Pays $1.26M to Settle SEC Charges For Promoting EthereumMaxBREAKING: SECGov has charged KimKardashian for unlawfully touting EthereumMax without disclosing the payment she received. By OKnightCrypto SECGov KimKardashian OKnightCrypto I can t get whyy no one sshare thiss SECGov KimKardashian OKnightCrypto No one is above the law. SECGov KimKardashian OKnightCrypto Damn Kanye West needs to get involved !!
Source: CoinDesk - 🏆 291. / 63 Read more »