Two other celebrities could be on the hook for shilling EMAX: former NBA star Paul Pierce and boxer Floyd Mayweather, Jr.
????” read the text, which went on to hype EMAX tokens, a security asset offered by EthereumMax. The value of those tokens has fallen by about 99 percent since its peak that May. But this collapse wasn’t Kardashian’s biggest problem. Although she included an #AD hashtag in the Story, the SEC judged that she had failed to disclose her $250,000 payment from EthereumMax for the wide-reaching endorsement. Her fine includes a repayment of this amount, plus interest, and a separate $1 million fine.
Kardashian’s lawyer released an official statement, which read: “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.” tweeted a video asking investors to weigh the risks of buying cryptocurrencies, particularly those hyped by famous or influential figures. “Ms.
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