SEC Staff Disgusted After Gensler Took Credit on Kardashian case
Numerous employees in the enforcement division said Gary Gensler was seeking publicity amid the Kardashian case.
Numerous employees in the enforcement division said Gary Gensler was seeking publicity amid the Kardashian case.
Kim Kardashian is charged by the US SEC for promoting EthereumMax Kim consented to the charges and will pay $1.26 million in fines. The predicament of Kim Kardashian is to serve as a lesson to other celebrities. Kim Kardashian has been charged by the Securities and Exchange Commission for promoting a crypto asset security issued and sold by EthereumMax on social media without reporting the compensation she got for the promotion. In exchange for dropping the accusations, paying $1.26 million in fines, disgorgement, and interest, and cooperating with the Commission’s continuing investigation, Kardashian agreed to settle the case. According to
Kim Kardashian faces lawsuit for endorsing a crypto token. The token in question is EthereumMax (EMAX). Floyd Mayweather Jr and Paul Pierce also face the same lawsuit. Celebrity Kim Kardashian along with Boxing Star Floyd Mayweather Jr, and NBA player Paul Pierce are facing a lawsuit for endorsing a crypto token. The lawsuit is filed in the Los Angeles federal court. In detail, all three promoted the crypto token called EthereumMax (EMAX). To highlight, in June 2021, Kim Kardashian made a crypto-related post on Instagram. While the post did come with a disclaimer saying ‘this is not financial advice’, it