EPIC FAIL! Kim Kardashian BANNED From Promoting Crypto and FINED $1 MILLION!
EPIC FAIL! Kim Kardashian BANNED From Promoting Crypto and FINED $1 MILLION!
Stef The Alter Nerd discusses Kim Kardashian crypto controversy / Kim Kardashian Crypto Fine / Kim Kardashian Ethereum Max Post / Ethereum Max Kim Kardashian Cryptocurrency / Kim K Ethereum Max Token / Kim Kardashian emax / Ethereum Max Crypto
Excerpt from Daily Mail
Kim Kardashian is hit with $1.26m SEC charge for unlawfully touting crypto currency on Instagram and not disclosing her $250,000 fee
Kim Kardashian was fined by the SEC for failing to disclose to the public that she was paid $250,000 to promote Ethereum Max in June 2021
She posted on her Instagram story promoting the crypto tokens and adding the hashtag 'AD'
'This isn't financial advice, but sharing what my friends just told me about the Ethereum Max,' she said
SEC securities laws state that celebrities must declare when and how much they are paid to promote crypto
Kardashian has agreed to pay a $1.26million fine and to refuse crypto-promoting jobs for three years
An attorney for Kardashian told DailyMail.com she is 'pleased to have resolved the matter'
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