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Kim Kardashian to Pay $1.26 Million to Settle SEC Charges She Illegally Hyped Crypto
03.10.2022 - 16:35 / variety.com
Todd Spangler NY Digital Editor Kim Kardashian agreed to pay $1.26 million to settle charges by the Securities and Exchange Commission that she touted a crypto asset security without disclosing the payment she received for the promotion, the agency said. Under the settlement, without “admitting or denying the SEC’s findings,” Kardashian also agreed to not promote any crypto asset securities for three years, per the agency. According to the SEC’s order, Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram account about EMAX tokens, the crypto asset security being offered by EthereumMax. Kardashian’s post linked to the EthereumMax website, which provided instructions for potential investors to purchase EMAX tokens.
Kardashian, a celebrity reality-TV star and influencer, has one of the most-followed accounts on Instagram — currently with 301 million followers. “This case is a reminder that, when celebrities or influencers endorse investment opportunities, including crypto asset securities, it doesn’t mean that those investment products are right for all investors,” SEC chairperson Gary Gensler said in a statement. “Ms. Kardashian’s case also serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities.” An attorney for Kardashian said in a statement provided to Variety, “Ms. Kardashian is pleased to have resolved this matter with the SEC. 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. She wanted to get this matter behind her to avoid a protracted dispute. The agreement she reached
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etcanada.com
06.10.2022 / 15:39
‘The Kardashians’ Recap: Kanye West Texts Kim Kardashian He’d Rather Go To Jail Than Wear One Of Her Looks
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usmagazine.com
06.10.2022 / 15:37
Kim Kardashian Reveals She Doesn’t Know What Tortellini Is While Ordering Pasta in Italy
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usmagazine.com
06.10.2022 / 07:15
Kim Kardashian Reveals Kanye West Slammed Her Prada Jumpsuit: ‘Would Have Went to Jail Before I Went Out in That’
Kanye West can’t help himself when it comes to Kim Kardashian’s style. The Kardashians star revealed on the Thursday, October 6, episode of the Hulu show what her ex-husband texted her about her looks from her trip to Milan with Kendall Jenner.
etonline.com
06.10.2022 / 07:07
'The Kardashians' Recap: Kanye West Texts Kim Kardashian He'd Rather Go to Jail Than Wear One of Her Looks
Kim Kardashian and her ex, Kanye «Ye» West, still critique one another's looks despite no longer being together. On Thursday's episode of, Kim is in Milan, Italy, ahead of the Prada show, rocking a variety of leather getups. She's stepping out in the bold styles despite the fact that the father of her four children, who used to have more control over what she wore, disapproves. In one scene, as Kim is getting dressed, she receives a text from the Yeezy designer, and proceeds to show it to her pal, Tracy Romulus. «No white glasses.
stylecaster.com
03.10.2022 / 18:31
Kim Kardashian Was Just Charged For Illegally Promoting Crypto—Here’s How Much She Paid in Penalties
They’re some of the most lucrative celebrities on Instagram, but a Kardashian recently got into hot water for not playing by the rules. Kim Kardashian was charged for illegally promoting cryptocurrency on her Instagram account and paid a hefty penalty.
hellomagazine.com
03.10.2022 / 17:21
Kim Kardashian to pay $1.26 million following illegal advertisement investigation by the SEC
Kim Kardashian's influencing has gotten her in trouble. The star has agreed to pay millions of dollars to the U.S.
deadline.com
03.10.2022 / 17:08
Kim Kardashian Paying $1.26 Million To Settle SEC Charges Of Unlawfully Promoting Cryptocurrency
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 didn’t disclose payments for touting assets that were offered and sold by EthereumMX.
etcanada.com
03.10.2022 / 17:07
Kim Kardashian Agrees To Settle $1.26 Million In SEC Charges For Violating ‘Anti-Touting Provision’ On Social Media
Kim Kardashian has been charged for being unlawful.
ok.co.uk
03.10.2022 / 13:39
Kim Kardashian slammed as daughter North, 9, wears 'seriously wrong' full leather mask
Kim Kardashian and Kanye West have sparked controversy after their nine-year-old daughter North West was pictured in a full leather face mask at Paris Fashion Week. The rather bizarre outfit choice left fans criticising her parents, who slammed the look as “inappropriate” and “seriously wrong.” North could be seen with her whole face covered as photographers and other onlookers took snaps as she headed into a hotel with an escort of some sort.
justjared.com
28.09.2022 / 07:47
Kim Kardashian Wears Silver Satin Outfit While Leaving Photo Shoot in Milan
Kim Kardashian is wrapping up a long day.