Reality star Kim Kardashian agrees to pay $1.26M fine after unlawfully pushing a cryptocurrency on her social media platform without revealing that she was paid to do so, US authorities say
Kim Kardashian arrives on the red carpet for the annual White House Correspondents' Association Dinner in Washington, US, April 30, 2022.
The Securities and Exchange Commission accused Kardashian, who has 331 million followers on Instagram — making her one of the top 10 most followed people on the global social network — of failing to disclose that she was paid $250,000 to post about EMAX tokens, the crypto asset security being offered by EthereumMax.
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Kim Kardashian Responds To $1.26M SEC Fine For Cryptocurrency Pitch & Payments – Update(2:15 PM Updated with Kardashian lawyer statement) Kim Kardashian will pay $1.26 million and has agreed not to promote any crypto securities for three years to settle charges with the SEC that she …
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