The SEC charged Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.
Kim Kardashian has been charged by the Security and Exchange Commission for promoting a crypto asset. The reality TV star promoting EthereumMax without disclosing reimbursement, according to SEC.
The Securities and Exchange Commission said in a statement today announced charges against Kim Kardashian for touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion.
The SEC’s order finds that Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram account about EMAX tokens.
