SEC Charges Kim Kardashian For Promoting Crypto Asset Without Disclosing She Was Paid

The Securities and Exchange Commission has charged Kim Kardashian for promoting a crypto security asset called EthereumMax on Instagram without disclosing she was paid to do so. Kardashian agreed to settle the charges by paying $1.26 million and cooperating with the SEC’s ongoing investigation, the commission said Monday in a statement. Kardashian neither admitted nor denied the SEC’s findings. She agreed to not promote any crypto asset securities for three years. Kim Kardashian is seen on Sept. 20, 2022, in New York City. She has agreed to settle charges over promoting a crypto asset without disclosing she was paid to… Read Full Article