Kim Kardashian settles SEC crypto charge, to pay $1.26 million

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Kim Kardashian has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26 million in penalties and associated fees

Kardashian, a reality television star and influencer, failed to disclose that she was paid $250,000 to publish a post about EMAX tokens, the crypto asset security being offered by EthereumMax, on her Instagram account, the SEC said in a statement.

Kardashian, whose post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase EMAX tokens, has agreed to pay the charge levied without admitting or denying the SEC's findings.

 

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Federal Reserve gets a free ride in manipulating up stock market since March 2009. Mindful investors armed with knowledge of historical valuations and particularly in high inflation as we've had since 2012 but doesn't get officially recognized, forced to lose.SECGov GaryGensler

Too her,that would be like me giving away $1.00

Not surprised

What does this slow video pan down her body have to do with the subject matter of this story? Who picked this?

Wow KimKardashian way to fold like a cheap suit.

What does that amount to, one show without pay?

These sort of fines should be based on personal income and wealth. This is like most people paying $100

Fanatastic . Fine her some more KimKardashian

And still people will be googling which project she was promoting.. the influence carries on 😅

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