Kim K has agreed not to promote crpyto on social media for the next three years 👀
author originally posted the ad for EthereumMax to her Instagram Stories in June of last year. The post began, “Are you guys into crypto???? This is not financial advice but sharing what my friends just told me about the Ethereum Max token!” Her post also included a link to the EthereumMax website that provided instructions on how to purchase the token. While Kardashian did label the post as an “#ad,” the SEC said she failed to report that she was paid $250,000 to post about the EMAX tokens.
The reality star is also currently dealing with a legal complaint from investors in the crypto asset. Aand former NBA starof partaking in a “pump and dump” scheme, or artificially inflating the value of the EthereumMax asset through these types of promotions. (Kardashian’s legal team later filed a motion to dismiss the lawsuit, per court documents seen by
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