|
2022-10-04 -Short Attention Span Theater-
|
|
Kim Kardashian settles SEC crypto charge; pays $1.26 mln in penalties
|
[ALARABIYA] Kim Kardashian has agreed to settle charges of unlawfully touting a crypto security and to pay $1.26 million in penalties, disgorgement and interest, the US Securities and Exchange Commission said on Monday.
The SEC said in a statement that reality television star and influencer Kardashian failed to disclose that she was paid $250,000 to publish the post about EMAX tokens, the crypto asset security being offered by EthereumMax on her Instagram account.
"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 Chair Gary Gensler said.
The US regulator also charged Boxer Floyd Mayweather Jr. and a music producer known as "DJ Khaled" in November 2018 for allegedly not disclosing payments they received for promoting investments in initial coin offerings.
Neither Mayweather nor Khaled Mohammed Khaled admitted or denied the SEC’s charges, but agreed to pay a combined $767,500 in fines and penalties. 
|
Posted by Fred 2022-10-04 00:00||
||
Front Page|| [11138 views ]
Top
|
|
Posted by Super Hose 2022-10-04 12:37||
2022-10-04 12:37||
Front Page
Top
|
|
Posted by M. Murcek 2022-10-04 12:54||
2022-10-04 12:54||
Front Page
Top
|
|
09:27 Warthog
09:11 Mercutio
09:07 AlmostAnonymous5839
08:52 Matt
08:24 Matt
08:20 SteveS
07:43 Procopius2k
07:42 BrerRabbit
07:42 Procopius2k
07:39 Procopius2k
07:36 Procopius2k
07:35 Procopius2k
07:34 trailing wife
07:31 Procopius2k
07:30 NN2N1
07:22 NN2N1
07:18 trailing wife
07:14 Richard Aubrey
07:10 NN2N1
07:09 Besoeker
07:03 NN2N1
06:58 NN2N1
06:58 Besoeker
05:28 Whiskey Mike
|
