Kim Kardashian hit with hefty fine for crypto promo

The reality tv star was paid $US250,000 to promote Ethereum Max tokens on her Instagram account in June last year.

The US Securities and Exchange Commission said Kardashian's failure to reveal she was paid for the post violated federal securities laws. “We encourage investors to consider an investment’s potential risks and opportunities in light of their own financial goal." “Kardashian fully cooperated with the SEC from the very beginning and she remains willing to do whatever she can to assist the SEC in this matter," her lawyer said in a statement.

To KimKardashian. $1.26M fine is as taxing as spitting on a bum

And whoever bought it back then lost about 95% by now 🤣

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Kim Kardashian fined $1.9 million for 'unlawfully touting' cryptocurrency on social mediaKim Kardashian has been fined by US authorities over an Instagram post promoting a cryptocurrency. jekearsley 9News MORE: jekearsley Was it promoted through her bum cheeks jekearsley Lucky there isn't a fine for Stupid she would be broke.
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Kim Kardashian fined almost $2 million over cryptocurrency promotionKim Kardashian agreed to pay a $1.96 million fine to the US Securities and Exchange Commission to settle civil charges after the reality TV star touted a crypto asset, EthereumMax, on Instagram. Ban the clown from all social media. Her and the entire family of inbreds. Digital currency is good for you. No! Not that kind! That's terrible, who is she?
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Kim Kardashian forced to fork out millions over huge crypto mistakeKim Kardashian has agreed to pay $US1.26 million ($A1.96 million) to settle charges after promoting cryptocurrency on Instagram without disclosing she had been paid $US250,000 ($A387,986) to do so. 7NEWS Bloody hell Kimmy k, I wish you would have promoted $wluna I’d have paid your legal feee and everything. Far out Corruption is EVERYWHERE. Bitcoin! Umm silent justice is something to have approved that the consumer sphere of customary control behaviour speech is something to enable by speaking without anyone there to your PC 'bitcoin!?' And your first consumer account or household account or your love account ?
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