Kim Kardashian to pay $1.26 million after being accused of 'unlawfully touting' cryptocurrency

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Kardashian is paying the settlement without admitting to or denying the SEC's findings, the agency said.

with the Securities and Exchange Commission amid charges that she unlawfully touted a cryptocurrency without disclosing she was being paid for the promotion.

The fine is linked to a cryptocurrency called EthereumMax, or EMAX, which was pitched to investors as a disruptive new cryptocurrency.

EMAX's price fell 3.3% in Monday morning to the equivalent of 0.000000004246 cents, according to CoinMarketCap.

 

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This is comparable to getting a $100 speeding ticket for most people.

Please do not forget Afghanistan again. Taliban are on a killing spree of Hazaras. StopHazaraGenocide

This is not a punishment for her, she’s a billionaire. They need to make it hurt more for her.

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