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I never liked this  low budget porn whore skank .....the only reason she  got famous was  that ..........and her  dad  .......lying little  fucking whore  ......she will not  miss the million......but that was a bad investment ........ and i hope she loses deals on this  ......i never  liked this ugly whore  ......ever ........her  ass  is  way way  too fat .....and she  married  that fucking  ass hole ..........

A Powerful Regulator Slaps Kim Kardashian in a Crypto Scam

The influencer Kim Kardashian was under investigation by regulators for promoting a crypto scam on social media.

It is a decision that will shock the young crypto industry -- and undoubtedly curb the enthusiasm of celebrities who associate their names with projects about which they know little or nothing. 

The U.S. Securities and Exchange Commission has just charged Kim Kardashian for promoting on social networks a cryptocurrency that turned out to be a scam.

The SEC charged the influencer with "touting on social media a crypto asset security offered and sold by EthereumMax without disclosing the payment she received for the promotion," according to a press release. 

The regulator reproaches Kardashian for not having disclosed that she had been paid to advertise this cryptocurrency.

Kardashian Assessed a $1.26 Million Fine

"The SEC’s order finds that Kardashian failed to disclose that she was paid $250,000 to publish a post on her Instagram account about Emax tokens, the crypto asset security being offered by EthereumMax," the federal agency explained.

"Kardashian’s post contained a link to the EthereumMax website, which provided instructions for potential investors to purchase Emax tokens."

The reality-TV star, whose fortune is estimated at $1.8 billion, has agreed to pay $1.26 million in penalties to settle the investigation. She also agreed not to promote any crypto-asset securities for three years.

Kardashian neither admitted to nor denied the regulator’s findings, the SEC said.

"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 Chairman Gary Gensler said in a statement. 

"We encourage investors to consider an investment’s potential risks and opportunities in light of their own financial goals."

He added: "Ms. Kardashian’s case also serves as a reminder to celebrities and others that the law requires them to disclose to the public when and how much they are paid to promote investing in securities."

Lawsuit Filed Against Karda

Last January, celebrity Kim Kardashian and athletes Floyd Mayweather and Paul Pierce were named in a lawsuit for allegedly scamming their followers into investing in a cryptocurrency called EthereumMax.


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