Celebrities including boxer Floyd Mayweather Jr., Kim Kardashian and former NBA All-Star Paul Pierce are being sued over their roles in an alleged “pump and dump” cryptocurrency scam.
EthereumMax is a company that offers ERC-20 tokens on the ethereum ETHUSD, +3.90% network, according to its website. The current price of an EthereumMax token as of Tuesday morning is $0.00000001961, according to CoinMarketCap. iframe.twitter-tweet { width: 100% !important; } iframe.twitter-tweet { width: 100% !important; } “The Promoter Defendants’ improper promotional activities generatedonto unsuspecting investors. While Plaintiff and Class members were buying thetheir EMAX Tokens during the Relevant Period for substantial profits,” the complaint reads.
“In my years of representing athletes and celebrities, I constantly advise them that, beyond the legal language in any contract, they should always be sure that they genuinely have an affinity for the product or service that they are endorsing,” Darren Heitner, Professor of Sports Law at the University of Florida, told MarketWatch in an email referencing the complaint.
How can make a false statement about something, that technically doesn’t exist? Most crypto’s are down roughly 40%. There isn’t a reason to be up or down.
Anyone taking investment and/or any advice from Miss K. deserves whatever (s)he gets.
It’s about time someone is charged for something regarding crypto. I never knew nothing had value.
Hard to imagine this might be a scam?
Lock her up
That might sting
Tsk
Matt Damon next?
Hahaha! It's never enough for grifters.....
Got a nice update for you in the pinned twee for you on my profile 😄
Guess Kim didn’t learn much in law school.
Lmao REKT lolz
Kim will blame someone else, that’s her MO
Things you shouldn’t have to say for $500: Don’t take financial advice from a celebrity.
Couldn't happen to a more deserving bunch of shills.
… too bad … +++ … also, yawn … and sigh is not a big enough word …
But there are thousands that have been doing the same thing in promoting (next to worthless) crypto currencies! Not just Kim Kardashian, etc.
marketwatch, the ethereum_max team deserves a chance to defend themselves against these allegations. They're scheduled to host an AMA tonight on Telegram. Would be a great opportunity for your organization to get the real story. AMA TONIGHT 9PM EST:
This is what happens when celebrities get into crypto 😂
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