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SEC Fines Kim K


Lee B

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I am sure everyone needs some more celebrity news😄

 

"Kim Kardashian will pay $1.26 million to settle Securities and Exchange Commission allegations that she broke U.S. rules by touting a crypto token without disclosing she was paid for the promotion.

The SEC said Monday Kardashian was paid $250,000 to post on her Instagram account about EMAX tokens, a crypto asset offered by EthereumMax. Kardashian didn't admit or deny the regulator's allegations as part of the settlement, in which she agreed not to tout any digital assets for three years."

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I remember a couple of years ago, Ms. Kardashian made a post on social media asking if someone had won the Powerball, then one of her follower responded by telling her to stay out of poor people's business B....h!  For some reason this news article reminded me of that post 😂  

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