Monday, October 3, 2022

Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on her Instagram

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NBC News
Oct 03, 2022
Kim Kardashian pays over $1 million to settle SEC charges linked to a crypto promo on her Instagram

Kim Kardashian has settled Securities and Exchange Commission charges that she failed to disclose a payment she received for touting a crypto asset on her Instagram feed, the agency announced Monday morning. Kardashian, who is reportedly worth $1.8 billion, agreed to pay $1.26 million to settle the charges over a promotion for EthereumMax's crypto asset, the SEC said.

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