Kim Kardashian Shills Ethereum Max on Instagram, Media Questions Socialites M...
The celebrity influencer Kim Kardashian posted about a project called Ethereum Max on Instagram this week by sharing an advertisement with her 228 million followers. The project Ethereum Max has also been promoted by former Boston Celtics forward Paul Pierce and professional boxer Floyd Mayweather. Kim Kardashian Follows Mayweather and Pierce by Shilling Ethereum Max on Instagram The American reality television personality, socialite, model, and businesswoman Kim Kardashian posted about a cryptocurrency project called Ethereum Max. The Ethereum Max project (emax or ETH max) is an ERC20....
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Last year, an obscured crypto project called Ethereum Max (EMAX) gained a lot of attention. The project was promoted by influencer Kim Kardashian and boxing legend Floyd Mayweather. Ethereum Max turned out to be the centerpiece for a worldwide pump-and-dumb scheme. These scams used the influence of socialites and other celebrities to increase the price […]
Kim Kardashian has been singled out by the U.K.’s Financial Conduct Authority (FCA) for pumping a crypto token that could put investors at risk. With 250 million Instagram followers, the FCA chairman said that Kardashian’s cryptocurrency promotion “may have been the financial promotion with the single biggest audience reach in history.”
Kim Kardashian Promotes Crypto Token That Could Put Investors at Risk, Said Regulator
The chairman of the U.K.’s Financial Conduct Authority (FCA) and the Payment Systems Regulator (PSR), Charles Randell,....
Kim Kardashian disclosed that she was paid for promoting Ethereum Max — but didn’t tell her followers the exact amount. The SEC did the right thing when it fined her for that oversight. In June 2021, Kim Kardashian published an Instagram story informing her approximately 330 million Instagram followers about the EthereumMax (EMAX) crypto token. The Securities and Exchange Commission (SEC) charged Kardashian, claiming she violated the anti-touting provision of the Securities Act when she failed to disclose she received $250,000 in exchange for her promotion of the unregistered security.The....
Popular socialite Kim Kardashian has been promoting a shady project via her social networks. Called Ethereum MAX or ETHMAX protocol, Kardashian uploaded two Instagram stories in the past 24 hours asking their fans if they are “into crypto”. Although the post claims she is not making financial advice, she promotes the project as if someone […]
Kim Kardashian's lawyers filed a joint motion to dismiss the class-action complaint against the American businesswoman for promoting an alleged 'pump and dump' crypto token. Kim Kardashian’s legal team has filed a motion to set aside a class-action complaint aimed at the businesswoman and other American celebrities.Kardashian and a handful of other prominent American social media influencers were served with a class action complaint in January 2022 over claims they had misled investors through the social media promotion of a cryptocurrency token called EthereumMax.Kardashian had posted....