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Dubai News Club > Tech > Kim Kardashian pays $1.26 million after being charged with illegally promoting crypto scheme
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Kim Kardashian pays $1.26 million after being charged with illegally promoting crypto scheme

Press Room
Last updated: 2022/10/03
Press Room
Published: October 3, 2022
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Kim Kardashian has paid $1.26 million after being charged by the Securities and Exchange Commission (SEC) with unlawfully promoting a crypto investment scheme on Instagram.

The SEC says Kardashian failed to disclose the fact that she was paid $250,000 to promote EthereumMax tokens last June. In a series of posts to her Instagram story, Kardashian asked her followers, “Are you guys into crypto??? This is not financial advice but sharing what my friends just told me about the ethereum max…

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