A federal judge has granted reality star Kim Kardashian and boxer Floyd Mayweather an apparent victory in a lawsuit that accuses the celebrities of scamming cryptocurrency investors. Kardashian and Mayweather were sued in January — along with former NBA star Paul Pierce — for allegedly...
The Securities and Exchange Commission’s celebrity crypto touting campaign reached the A-list on Monday (Oct. 3), as Kim Kardashian agreed to a $1.26 million fine. She also “disgorged” $260,000, including her $250,000 fee, plus interest. The case revolved around an all-caps Instagram post the influencer...
You can understand Kim Kardashian and former NBA star Paul Pierce getting snared, but you’d think Floyd Mayweather would have learned to avoid crypto endorsements by now. Along with the reality TV celebrity and former hoops player, the weight-class jumping boxing champion is being sued...
October 03, 2022
The Securities and Exchange Commission’s celebrity crypto touting campaign reached the A-list on Monday (Oct. 3), as Kim Kardashian agreed to a $1.26 million fine. She also “disgorged” $260,000, including her $250,000 fee, plus interest. The case revolved around an all-caps Instagram post the influencer and entrepreneur, who has a net worth of $1.8 billion […]
February 19, 2023
The Securities and Exchange Commission (SEC) is warning celebrities to be careful about endorsing cryptocurrencies. The commission issued that warning Friday (Feb. 17) after announcing that Paul Pierce, a former Boston Celtics star, had agreed to pay a $1.4 million penalty for failing to disclose that he’d been paid to endorse the cryptocurrency ethereumMax (EMAX). […]
November 08, 2022
A federal judge has granted reality star Kim Kardashian and boxer Floyd Mayweather an apparent victory in a lawsuit that accuses the celebrities of scamming cryptocurrency investors. Kardashian and Mayweather...
